What do you mean by not scalable. There is excess manufacturing capacity in Malaga and there would be no issue to fund a second plant if sales took off.
Agree with the salesforce issue - we have really struggled to find and retain productive sales staff. Makes sense given good sales people have plenty of options in the US. Really wish we had just gone with a distributor model, but that ship has sailed.
RE: Israel, we do have a distributor that covers MENA (incl. Israel). May bring some additional sales but not soon enough or in sufficient scale to address our financial issues.
Takeover feels like a more likely scenario than a partnership. Not many firms would want to partner with someone that could go broke at any time.
Could get more funds from our major shareholders, which would effectively create a takeover situation anyway.
whichever way it goes, it will need to happen soon because we have to be very low on cash (even if they cut R&D this quarter).
- Forums
- ASX - By Stock
- AVR
- Ann: Appendix 4D and Half Yearly Financial Report
Ann: Appendix 4D and Half Yearly Financial Report, page-223
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVR (ASX) to my watchlist
|
|||||
Last
$15.30 |
Change
0.150(0.99%) |
Mkt cap ! $294.1M |
Open | High | Low | Value | Volume |
$15.35 | $15.35 | $15.00 | $92.29K | 6.09K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $15.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.30 | 276 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 15.200 |
1 | 39 | 15.040 |
1 | 1000 | 15.000 |
1 | 756 | 14.950 |
1 | 300 | 14.900 |
Price($) | Vol. | No. |
---|---|---|
15.300 | 276 | 1 |
15.700 | 277 | 1 |
15.880 | 250 | 1 |
16.000 | 100 | 1 |
16.030 | 999 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
AVR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online