Anyone know or even want to guess how much profit if any, will the company make from producing 400m gloves?
I don't know the answer but my guess is that the margins in this business are razor thin.
I bought some around 4c after it fell back and closed the gap at 4.3. How the price got pushed to 36 is just mind boggling. At the current price of 3.3 the market cap is about $22m which I think is about that or even too high. I mean what hope does this company have of ever turning a profit.
For some to say the price will triple from here is I think just wishful thinking. There is no point producing millions of gloves if it's not profitable.
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