When enough lemmings have fallen over the cliff, they’ll be hoping that they can walk back onto land!The neat thing (for them) is that despite the massive losses and dodgy business model, investors keep piling in, like lemmings heading for the cliff.
everyone is chasing the next Microsoft, Apple and Amazon, dreaming they will eventually rise to the next mega billionaire company who stock has increased exponentially. It is pure gambling and very frequently with other peoples money. They know if they hit the jackpot they will bet able to cream vast , multi million dollar bonuses on the back of it. As it is the investment managers will draw their salaries and the investors will retire hurt to lick their woundsThe neat thing (for them) is that despite the massive losses and dodgy business model, investors keep piling in, like lemmings heading for the cliff.
That's exactly what will happen. Although Oatly being taken over by a huge company hasn't stopped their share price falling off a similar cliff. The likes of Nestle are probably sniffing around right now. There just isn't the demand that they'd convinced themselves of.I don’t know whether their product is any good or not, but their debt level must be killing the business. I imagine the big international food groups will pick these alternative food businesses up for next to nothing in the next few years.
I don’t think their products are going to disappear though