ELE 0.00% 0.5¢ elmore ltd

Good news...and bad news...and confused news. There is a new...

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  1. 485 Posts.
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    Good news...and bad news...and confused news.

    There is a new client. That's the good news. People don't give PO's to another company if they think it won't get filled.

    The bad news, the Infinity orders are delayed. Or worse. The wording is ambiguous. PO's can be pulled, the end buyer might have backed out, the quality checks might have failed, there is more going on here than we were told in this announcement.

    The rest is all fuzzy news, not exactly fake, but hard to make out how much has been produced, how much actually sold, how much paid for and so on. So we await the quarterly report and continue to surmise, criticise or hope, according to our beliefs.
 
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