ZNO 3.70% 2.8¢ zoono group limited

Ann: Appendix 4C - quarterly, page-67

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  1. 22,940 Posts.
    lightbulb Created with Sketch. 1259
    I think the time of taking 3,000 orders per day is gone IMO, momentum will have been lost.
    Time to reset your expectations.

    My view that the online were low was on the basis that the average shipped, not orders taken, was $150k p.d on average up to 17th March.
    To do $3.9m for the quarter they must have only shipped around $100k p.d for the whole month, nothing to do with orders taken & they are still working through the backlog.
    So clearly they must have shipped at a lot slower rate in the second half of Mar.

    I believe that $75k p.d for Q4 shipments is a more realistic daily rate.
 
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