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Appreciate your thoughts, the covid killer product isn't the...

  1. 362 Posts.
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    Appreciate your thoughts, the covid killer product isn't the issue, it is probably quite good.
    • Covid no longer an particular issue in society, with most sanitisers in offices actually expiring through no one using them. So much competition and cheap product dumped on the market that they have little chance of market penetration.
    • Management is the issue, just a bunch of old guys with pipe dreams about the next product they can create rather than actually rolling up the sleaves and doing what they should be doing and selling their products. Their sales would double if they set up a shopping mall display and sold their products.
    • Reliance on re-sellers and a non-advertised website aren't going to make you any money.
    • $7k turnover of shares is terrible and it's not a shortage of shares that are the issue, just the worthlessness. They could be cross trade or anything

    Good luck if you hold, but I never will again as this thing is in a downward spiral that has been propped up by capital raising and rebates for too long, not its core business of SALES.
 
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