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Ann: Appendix 4D and Half Year Financial Report, page-19

  1. snakeeyes28
    632 Posts.
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    21/02/18
    09:36
    Post #: 31210222
    Gross margin of only 27% --- what the hell? This is crazy low for accessories market!

    I had expected (or hoped) receivables to be about $500k-$700k higher.

    Don't expect marketing & wage bill to drop with the new product lines coming on board.

    going to have to reach near $10m in sales to even be close to break-even.
    NUH Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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