Has anyone done the numbers on how much revenue needs to be to break even? 57c product sold for $1 , then so many other costs out of the 43c. Why care about a bumper July - October, the loss will still be there. ~$40m burnt to date right? on a company selling dollar shop candy in fancy packaging.
I can see the immense value in the shelf space they are acquiring but the brand and product I can't see any value in at all.
The risks I see are,
-will they get enough shelf space to be bought out before more raisings, or needing to access more expensive debt,-no one knows JB's average price for his holding and my guess is any takeover would be at whatever price he wants to walk away at.
-Too much, 'don't look at the left hand, here, look at what's in my right hand' going on.
Ann: Quarterly Activities Report & Appendix 4C, page-19
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.392M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 499 | 1 |
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