they have given us a key bit of info in the announcement. That’s what got me. Attached below.
now this company does not tick all the boxes. They have a lot of liabilities as mentioned by another poster. They need cash. But they have their order book full till December 2020 and are selling a product where there is massive worldwide shortages. Sometimes things can work out for companies and I’m not saying this will happen for VIP..but the order book tells me it’s not a bad punt right now. Even with a 3 cent margin per glove they would dig themselves out of a tough financial position within 6 months time.
- Forums
- ASX - By Stock
- Ann: Glove production and COVID-19 update
they have given us a key bit of info in the announcement. That’s...
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VIP (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.360M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
VIP (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online