Kudos for the early 4c
And yes Management and the company seem to have a more focused approach - that is aligning their efforts to where the short term revenue is likely to flow.
Its a shame they have run into a slow down in the bedding sector which has dampened sales this year, although I'm worried what happens if the US and the Globe fall into a recession / depression - sales are likely to drop even further ...
Yes I see increased sales in the future through new contract / product wins, but I just hope those new sales don't end up offsetting a general slow down and declining sales in existing Bedding as a 2nd Half recession kicks in.
Interesting also (well depressing really) looking at Q3 YTD cash receipts last year which were $7.615m against the Q3 YTD receipts issued today of $4.737m ... that really indicates the slow down in bedding
Also if you look at the Q3 YTD net cash outflows this year including capex of $1.661m - i.e. net cash outflow over the last 9 months.
And then compare that with the available cash/financing of $1.399m - it looks like they have some tight cash management in front of them.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.518M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $182 | 30.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 3239026 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.7¢ | 197867 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 3239026 | 0.005 |
6 | 1434220 | 0.004 |
2 | 800000 | 0.003 |
2 | 1300000 | 0.002 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 197867 | 3 |
0.008 | 1177693 | 5 |
0.009 | 1160714 | 2 |
0.010 | 8901368 | 6 |
0.011 | 1800000 | 3 |
Last trade - 10.19am 01/08/2025 (20 minute delay) ? |
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