Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
My Foodie Box (ASX: $MBX) divests meal kit business
- Author: Stock Piper
My Foodie Box strategic business divestment
My Foodie Box (ASX:MBX) has successfully completed the divestment of its meal kit business to MFB (WA) Pty Ltd. This strategic transaction was finalized on 10 May 2024. It aims at restoring and enhancing shareholder value. The company is now concentrating on acquisition opportunities to further its corporate objectives.
My Foodie Box quarterly report insights
My Foodie Box (ASX:MBX) released its quarterly activity report for the period ending 30 June 2024. The company has strategically divested its meal kit business to MFB (WA) Pty Ltd, aiming to enhance shareholder value. Following the divestment, MBX is actively seeking new acquisition opportunities. Financially, the company reported a net cash outflow of $46,000 from operating activities, with a negative cash balance, signifying a need for additional funding. MBX secured loan facilities totaling $611,000 to support its operations and re-compliance transactions. Looking ahead, MBX is focused on minimizing cash burn while exploring acquisitions to restore shareholder value, supported by secured funding strategies.
Executive insights on business strategy
My Foodie Box is operating with minimal cash burn and is actively focusing on acquiring new assets or businesses to enhance shareholder value and address outstanding reports.
MY FOODIE BOX LIMITED
MBX | ASX | Consumer Staples
0.0040(+0%)
At close 24/12 (AEDT)
Market cap
$0
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A
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