Mondy,
Most business make revenue from associated sales built directly off existing core pillars, what your saying is that direction change, development costs spent fir bnpl is the only plan, that's just wrong.
Think of a Cafe that only sold black coffee (Iou), you come along invest $55m to develop a different option that stalls. IOU are convinced and go down that track, $$$. But keep selling black coffee.
My point is the upsell is often a better profit with low capex snd opex costs. Add milk, sugar, flavours, edibles, etc.
I get you only see margin, but l see business that uses its strength and can expand by finding improvement and efficiencies that compliment the core.
Isentric keeps IOU afloat, can you not see that? Or,
Are you saying 135 staff, $35m development costs for $300k revenue is perfectly acceptable cause the core business is a dead end?
Maccas didn't have coffee or chicken just few years ago. It was all burger, fries n coke, maybe if they bought into financing, Macca's wouldn't have coffee?
- Forums
- ASX - By Stock
- OVT
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-44
-
- There are more pages in this discussion • 31 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 OVT (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.680M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.5¢ | $10.62K | 1.760M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 556911 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 6157668 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 556911 | 0.006 |
37 | 13371559 | 0.005 |
21 | 22993110 | 0.004 |
7 | 9930016 | 0.003 |
7 | 6025000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 6157668 | 12 |
0.008 | 4791153 | 9 |
0.009 | 2730166 | 9 |
0.010 | 1387000 | 6 |
0.011 | 1200000 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |