It's precisely what you said. It was echoed by Holdtight, that DM had confided in you both that last December qtr 2018 Lifx had sold product below cost to increase revenue - never disclosed to market. That DM had made a "strategic" decision to sell fewer lifx product Dec qtr 2019 but only at a profit per unit - never disclosed to market. The market expected more lights sold and more profit from Dec 2019 qtr. The fact that Lifx revenue was $12m for the qtr, catastrophically lower than even expected, proves DM was never focused on 70% growth and has mislead investors. Like I said earlier, you are a family member and have a similar agenda to DM, mislead people as much as possible.
- Forums
- ASX - By Stock
- BUD
- Questions for the webinar.
Questions for the webinar., page-65
-
-
- There are more pages in this discussion • 56 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 BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online