I think a lot of people are not aware of the commercial terms of sales.
Generally it is 40-50% paid on receipt of Order. This allows for materials to be purchased and work to begin
Another "milestone " payment of up to 30%
Final payment of about 20-30% on delivery.
If they do not make sweetheart deals from the Sales team ( and it has happened), then they have the cashflow to support the order build.
Ann: $1.2m Sale to Leading U.S. Innovation Centre, OMIC R&D, page-35
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Last
25.0¢ |
Change
0.030(13.6%) |
Mkt cap ! $293.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.5¢ | 22.0¢ | $2.551M | 10.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 180400 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 162815 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TTT (ASX) Chart |