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1.8¢ ecs botanics holdings ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-18

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Rthek

303 Posts.

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29/04/24

15:23

Post #: 73562064
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Originally posted by wasko: ↑

I emailed Nan in relation to the quarterly, points received were:
They haven't lost any business.
They had to retain biomass in inventory this quarter for Sun Pharma to turn into oils. It took longer than anticipated for them to receive their TGA cert.
Imports don't keep her up at night, not having enough PCE flower to meet demand does.

This last part is my own view (not received from Nan). I expect we will see a record 4th quarter with cheap oil production from Sun Pharma, launch of their own B2C products and a large amount of product to be sold from this gargantuan harvest that will wrap up shortly.

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Thanks @wasko, feels much better, quick response from Nan is also a great sign, in the drawer for 3 months.
ECS Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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