Doesn't make much sense to me. Dropped inventory by 300k, "Gross" margins at 20% and dropped cash by almost 300k.
Something in the numbers doesn't add up there, Jim.
I'd like to see their definition of Gross profit vs Net profit because I suspect they aren't including platform selling fees in the Gross.
I'm also wondering what the 5 mil Market Lend facility with a PPSR charge would be securing against if required, it's potentially not a real plan that's able to be called any more given the companies drop in assets, inventory and market cap?
HT8 Price at posting:
1.3¢ Sentiment: Sell Disclosure: Not Held
