I was ready to pull the pin on WOA and now they finally produce some positive results. As always with investing, you've got to keep watching, assessing and re-assessing.
Good points are revenue increasing and movement towards getting cash burn under control. Maybe Jay was right when he said they were laser focused on getting to profitability.
I'm still pretty concerned that the COGS is only $89K less than sales.... giving a gross margin of 3%. The other SG&A op expenses aren't going to come down, so it's still a lot more revenue needed before we start getting to net profit.... but I am glad to see they've stopped buying an apple for $5 and selling the juice for $3.
I haven't fully forgiven the long suspension and other matters, but this assuages my frustration a little.
I'll be very interested in seeing the other comments to see what points others pick up on.
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I was ready to pull the pin on WOA and now they finally produce...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.655M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.6¢ | $13.82K | 513.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 1169234 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.8¢ | 33100 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 13250 | 0.028 |
1 | 179050 | 0.027 |
4 | 1092311 | 0.026 |
10 | 1469000 | 0.025 |
4 | 275833 | 0.024 |
Price($) | Vol. | No. |
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0.021 | 192307 | 1 |
0.025 | 192308 | 1 |
0.027 | 70000 | 1 |
0.028 | 20000 | 1 |
0.030 | 667327 | 3 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
2.6¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
2.7¢ | 2.7¢ | 2.6¢ | 53300 | ||
Last updated 14.37pm 15/05/2024 ? |
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