It's wasn't just shipping costs, it was shipping delays as...

First 4 Last

Share
Profile

Follow
Bouddha0357

1,277 Posts.

300

25/10/22

11:57

Post #: 64379766
Share

Originally posted by ExtremeLand: ↑

They can barely raise cash to keep the lights on, only 2 qtrs of funding left, yet they think they are going to be able to buy additional businesses. Delusional.

It’s baffling they are scaling down North America distribution just due to shipping costs when that was a big money earner. Just ship over a bulk load of product on a ship and be done with it, it’s not that expensive.

costs are still through the roof and aren’t going down much. They will need another CR within the next qtr as revenue isn’t even close to breaking even for them

Expand

It's wasn't just shipping costs, it was shipping delays as well.

Inventory was getting stuck for months in ports.

We are in the middle of the third strategy but hopefully sales to the international market will resume. You are right in that it is a big money earner though.

EVE Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

THL

Today's top gainer stock isn't an energy player. Here's what's going on

4DS

4DS Memory tanks as microchip tech tests fail to produce result

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $8.585M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.4¢	$22.19K	642.0K

Buyers (Bids)

No.	Vol.	Price($)
2	52162	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	187689	1

View Market Depth

No.	Vol.	Price($)
2	52162	0.034
3	76899	0.033
1	271038	0.032
3	265000	0.030
1	200000	0.027

Price($)	Vol.	No.
0.035	187689	1
0.036	100000	1
0.039	35000	2
0.040	521825	4
0.041	12584	1

Last trade - 13.29pm 16/06/2025 (20 minute delay)

EVE (ASX) Chart

It's wasn't just shipping costs, it was shipping delays as...

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Today's top gainer stock isn't an energy player. Here's what's going on

4DS Memory tanks as microchip tech tests fail to produce result

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

It's wasn't just shipping costs, it was shipping delays as...

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Today's top gainer stock isn't an energy player. Here's what's going on

4DS Memory tanks as microchip tech tests fail to produce result

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News