Completely agree with your thoughts on the accounting regarding production costs.
It has made these Q reports basicallly useless as you cannot calculate gross margins.
On face value, it appears that sales are increasing but the margins are tightening significantly.
This cycle will continue, growth of future sales will keep costs high. But with no growth this stock will be left behind. It’s a lose lose for current shareholders.
Completely agree with your thoughts on the accounting regarding...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $25.77M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $73.13K | 3.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212600 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 70912 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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2.1¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.1¢ | 1.9¢ | 1323897 | ||
| Last updated 15.58pm 02/05/2024 ? | |||||
| ECS (ASX) Chart |