MX1 0.56% 9.0¢ micro-x limited

6 million in Rover inventory on hand, seems indicative of badly...

  1. 153 Posts.
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    6 million in Rover inventory on hand, seems indicative of badly anticipated demand and understanding of the market by previous management. Would've been nice to have that as cash right now instead of it sitting in a warehouse.

    At least the transition over with Kingsley seems to have resulted in a much more financially savvy operation, nice to see an uptick in Rover sales for once even if it's marginal.

    Capital raise definitely looming, it's a shame as it seems like it could have been avoided IMO. Hopefully land 154 is announced soon as a cash injection is desperately needed at this point.
    Last edited by whirlswirl: 27/07/23
 
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