HT8 0.00% 1.0¢ harris technology group limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-22

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  1. 222 Posts.
    lightbulb Created with Sketch. 49
    Well they did have this in the main section:
    "Inventory Update
    As part of the warehouse consolidation, Harris Technology used the relocation as an
    opportunity to liquidate aging inventory. This resulted in some products being discounted to
    clearance prices.
    On 31 December 2021, inventory on hand was $11.6M representing an 8% decrease from the
    $12.6M as of 30 September 2021. "

    Less cash and less inventory. It doesn't make sense to me. I wonder how much they discounted for clearance? Stock value to $$$ made...
 
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