Here's a piece of pure speculation. I'm thinking BCC have around 60,000 ZOLEO orders still on back-order, probably take them 12-15 months to make and ship them, given current production rates. I'm almost wondering if they have stopped advertising anything ZOLEO related, because they have a full order book. No need to spend cash on ads, or media write-ups, or travelling to generate new sales. No need to do interviews. Zoleo is selling itself now, plenty of orders. If they get any more orders, just add to the order book to extend even further ahead, maybe 2 years. BCC management spend their time developing other product lines. The only downside is that shareholders think the company is not doing anything in the media, interest fades, causing the share price to tank, and liquidity dries up. But BCC believe as long as the order books are full, all should be OK in the long run.
All IMHO, DYOR
BCC Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
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