AN1 0.00% 0.8¢ anagenics limited

Ann: Appendix 4C and Notes to Appendix 4C, page-19

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,152 Posts.
    lightbulb Created with Sketch. 335
    Soud, why is it so impossible for you to see that in order to have product available for future consumption it is necessary to make and pay for it in advance, stockpile it where necessary to accomodate Chinese unknowns such as Fukangren selling one type, Aeon /Habesul another and JoJU/Lexilis as well.
    Plus have sufficient left over to service the expanding US and European Markets.

    You will note that the inventory has climbed 2.66 times in expenditure between quarters.
    This is not a loss by any means and opens the door to expansion.

    If you don't do this you cannot expand.

    " Er, Sorry, we dont have any available right now, can we get back to you next month after we get the machine cranked up?"
    How well would that go down with prospective clients, of which there are many?

    I think you can take it as read that the management would not be doing this if this wasn't necessary.
    Therefore we can look forward to the dispersal to all the corners of the globe of some serious shipments of Evolis as this is product on hand and rarin' to go.

    Last edited by Pharmargeddon: 30/01/20
 
watchlist Created with Sketch. Add AN1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.