BulkBuy,
Im sure you are right they are selling well as confirmed from the AGM.
Page 25 of the AGM Presentation shows units sold in the September quarter totalled 1.8M (average of 600K per month for the quarter).
The rollout to Walmart was still being completed during the September quarter.
At the AGM Wayne stated that units sold in the month of October alone were 1.8M, which annualised is 21.6M.
So that is 1.8 m over the whole Sept quarter as compared to 1.8m form the month of October alone.
In the September quarter YOW was slightly cashflow negative on a consolidated basis, so with sales of 1.8M in October it is fair to assume they would be cashflow positive.
October represents a 200% increase on the previous quarter average – with no advertising (Wayne said that more than once).
Also whack a santa hat on a yowie, and for sure they will sell. No need to advertising at this moment as everyone else is advertising. What is important is the position within the store / counter.
I thought of suggesting putting a thread on the Christmas yowies to allow hanging from a Xmas tree, but for sure someone will chock licking the foil off etc.
Anyway cashflow is far better than most shareholders think.
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