Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
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
2,635.50
0.23%
Copper
4.11
0.38%
Oil
70.10
0.78%
Bitcoin
98,142.83
(0.49%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,003.20
(0.42%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
My Foodie Box (ASX: $MBX) completes meal kit business divestment
- Author: Stock Piper
My Foodie Box's strategic divestment
My Foodie Box (ASX:MBX) has released its quarterly activity report for the period ending March 31, 2024. The company completed the divestment of its meal kit business to MFB (WA) Pty Ltd on May 10, 2024. MBX is now concentrating on reducing costs and conserving cash while exploring acquisition opportunities to enhance shareholder value.
MBX's strategic shift and financial outlook
My Foodie Box (ASX:MBX) has strategically divested its meal kit business to MFB (WA) Pty Ltd, effectively reducing its cash burn and refocusing on acquisition opportunities. The company is committed to restoring shareholder value and is preparing to align with ASX Listing Rules for future acquisitions. Financially, MBX reported a net cash outflow from operations, while securing additional loans post-quarter end. The company is dedicated to sustainable practices and aims to expand its services into a national e-commerce platform.
Executive insights on MBX's future
This quarter has been pivotal for My Foodie Box as we finalized the divestment of our meal kit business. Our focus is now on identifying strategic acquisition opportunities that align with our goal of restoring and enhancing shareholder value. We are committed to complying with ASX Listing Rules as we pursue these new ventures.
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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