HCT 0.00% 0.5¢ holista colltech limited

How are our sales looking?, page-44

  1. 6,742 Posts.
    lightbulb Created with Sketch. 1714
    Could have kept the robots under wraps but why not let the SH know that the mgmt is not sit on their warm chairs?

    Helps bring more visibility to the company and the sector. How many times this would be published in global mags and news?

    Hopefully when the positive news does drop the earlier awareness can push the SP higher rather than be a complete surprise.

    Of course, being a investor in HCT & ZNO I am hopeful for both to succeed. ZNO thankfully had a working product which they quickly scaled up. Their distribution deals were underway more than a year ago and them getting material listed during the Covid situation just added fuel to the SP fire. Note that ZNO management has rarely made an announcement which they had to correct or retract so that discipline has helped. SP movements are bound to be rough as people take profits and are skeptical and see competing products.

    Now for HCT sanitiser or related products like nasal balm are new, the distribution deals are new, management hasn’t made the best deals (SKN for Oz!), negative media due to multiple retractions within a week etc.,. We all know that the market has a short memory. Management can stay quiet till the next quarterly, driver a solid sales result, sign new distribution deals, scale up their game and the SP will take care of itself.
 
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