don't forget a large portion of the $1.4m they spent last quarter on product/manufacturing was for stock in advance which had a wholesale value of circa $6m as mentioned in the previous quarterly - I don't expect them to be spending as much on stock this quarter so I expect them to be operating CFP yet again!
also remember this - $6m in wholesale value at 58% gross margin = $3.48m in gross profit to BIO
makes the true EV look very very cheap/attractive when you take off this $3.48m + circa $3m in cash !
disclaimer I own shares in ASX BIO
do not rely on anything I say
do your own homework & research
don't forget a large portion of the $1.4m they spent last...
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Last
72.0¢ |
Change
-0.065(8.28%) |
Mkt cap ! $157.7M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 79.5¢ | 72.0¢ | $542.6K | 718.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2957 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 14895 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BIO (ASX) Chart |