Will Sharesies investors continue to support struggling Me Today as losses mount?

Will Sharesies investors continue to support struggling Me Today as losses mount?
Me Today founders Grant Baker (left), Stephen Sinclair and Michael Kerr. (Image: Supplied/Jacques Steenkamp)
Stock & Trade
Me Today shareholders are in a sticky situation as the company embarks on its fifth capital raise since its reverse listing in March 2020.Retail investors – many of whom backed the company via the Sharesies investment platform in the hope of another 42Below or Ecoya success story – could be forgiven for thinking this is starting to feel like a financial sinkhole rather than a growth story.The numbers tell a sobering tale. Me Today’s most recent financial statements show accumulated losses now total $57.6 million, while it...

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