Ann: ADH Trading Update, page-58

Thanks, the fundamentals for ADH are still well entrenched. I dabbled at AX1 a few months ago at $2.15 and I am now thinking about them again though I have not committed just yet. I want to understand the AX1 stock position.

Here is an example of a bad stock position. I was looking for a particular Ripcurl thin sleeveless neoprene vest last Friday. I visited the flagship store in Torquay where Ripcurl was founded. Found the appropriate rack but only had sizes smaller than I needed. Upon enquiry of the young guy in charge he said all of the summer stock was due to arrive in store in a fortnight. That makes it into store around February 4th when all the kids are back at school and the tourists and holidaymakers have headed home. The summer stock will, soon after it arrives, be headed for the clearance stores in quick time. KMD shareholders beware. And I want to understand if AX1 has similar issues.

Cheers……Daicosisgod