The last strategy from the interim CEO/GB on "Reactivating (corporate) daigous" was to incentivize them taking more stocks at reduced margin.
Yes, they were shoving the channels unknowingly as they mentioned inventory was still manageable without major issue back in February.
Hence the reason 1HY report still tracking nicely at $677m even without retail daigous, but shit hits the fan now they just found out Q3/Q4 is gonna be fked due to massive channel stuffing on CBEC/corporate daigous.
Then came the 4th downgrade.
Pindoudou - New Daigou, page-13
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Last
$6.91 |
Change
0.040(0.58%) |
Mkt cap ! $4.995B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.94 | $6.82 | $13.46M | 1.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8562 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 3312 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |