Hey SSPPMM
So as someone else has said in this thread, there's the part which talks about "Net Cash Flow from Operations (NCFO) for the quarter was a $3.5 million outflow. Raw material procurement of $5.1m was the major contributor. NCFO was a record $7.3m inflow for the first nine months of 2019".I think that people saw this, in combination with no increase to the pipeline and a prevailing sentiment that the stock was oversold and panicked.
The thing is though, PET explains that this is because they're producing more supply so that they have stockpiles, that their projected demand actually currently exceeds the amount they can physically produce in one factory, so makes sense to increase production now to address this.
- Forums
- ASX - By Stock
- Ann: Business Update
Hey SSPPMMSo as someone else has said in this thread, there's...
-
- There are more pages in this discussion • 343 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online