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Booktopia
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Major Online Bookseller Collapses, Share Price Wiped Out
Poor book sales have contributed to Booktopia being placed into voluntary administration with losses of $16.7 million for the second half of last year.
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Online Bookselling Giant Flounders, Shares Plummet to Less Than 6 Cents
The Australian company, initially a success story, has been forced to arrange $1 million in emergency financing as it struggles to stay afloat.
|
Major Online Bookseller Collapses, Share Price Wiped Out
Poor book sales have contributed to Booktopia being placed into voluntary administration with losses of $16.7 million for the second half of last year.
|
Online Bookselling Giant Flounders, Shares Plummet to Less Than 6 Cents
The Australian company, initially a success story, has been forced to arrange $1 million in emergency financing as it struggles to stay afloat.
|