HRO 0.00% 6.8¢ hiro brands limited

Ann: 2020 Annual Report to Shareholders, page-3

  1. 211 Posts.
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    Look i am confused..
    Balance Sheet: 3.8m in Inventory. What inventory? What is the split between injectables and cosmetics etc? This balance is a massive red flag and leads me to believe there is obsolete stock. Injectables inventory has a strict shelf life as administered by the TGA.
    The Co, amongst other things, needs to provide reassurance on this, that being said i will ask the auditors at the AGM myself as they would have undertaken the audit of Stock on Hand at year end..
 
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Currently unlisted public company.

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