A disappointing result for this quarter. Sales below the pcp and another $1m of negative cash flow. Share price isn't going anywhere in a hurry unfortunately except perhaps lower.We need to wait another 3 months to see if the record crop yields the sales boom we are expecting. Even so, the cost base seems to be blowing out which will most likely negate the increase in sales.
I'm not sure where to from here. Don't want to adandon ship but cannot justify buying any more shares either.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10
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