Ann: Glove production and COVID-19 update, page-84

they have given us a key bit of info in the announcement. That’s what got me. Attached below.


now this company does not tick all the boxes. They have a lot of liabilities as mentioned by another poster. They need cash. But they have their order book full till December 2020 and are selling a product where there is massive worldwide shortages. Sometimes things can work out for companies and I’m not saying this will happen for VIP..but the order book tells me it’s not a bad punt right now. Even with a 3 cent margin per glove they would dig themselves out of a tough financial position within 6 months time.