The recent announcements bring me to a perhaps stupid question - it appears that the company is fulfilling these new orders from the existing inventory. Last HY report HCL had to take an impairment charge on the excessive inventory. Is it something driven by the accounting rules or did they really had to offload it at a loss? If it's the former, can the recent sales partly reverse that charge?
Ann: New A$2.5m Ballistics Product Order, page-5
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $16.42M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $2.161K | 13.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12347 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 16000 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| HCL (ASX) Chart |