RSH 0.00% 3.0¢ respiri limited

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  1. 667 Posts.
    lightbulb Created with Sketch. 319
    Plus you cant sell something you don't have weiry.

    Cipla is the customer from a reported sales perspective - they bought all available stock last quarter (Oct-Dec 2020)

    And Cipla were waiting for the next 4k batch to arrive so they can meet their initial 7k order commitment. But the company disclosed in the half year report on Feb 19, that the supply planned for Jan-Mar wont arrive until April - Hence 0 device sales for this Jan-Mar quarter (that will be announced before the end of April).

    The important question for people to ask, is whether the Covid related supply issue is now resolved, and the company can expect monthly supply from here on in.......If it is, then the current situation is nothing more than an excellent buying opportunity.



 
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