Well that was pretty crap I thought. It’s certainly taking a...

  1. 864 Posts.
    lightbulb Created with Sketch. 118
    Well that was pretty crap I thought. It’s certainly taking a long time to get sales traction in the US.

    No mention of the FX trade wind we likely had.
    Very sketchy response around the number of reactivations - wouldn’t have wanted them hooked up to the lie detector machine.
    I was surprised they took the 10m from the line of credit - sounds like that was a condition of the deal.
    PB was excited about getting all 11 sales reps in one room for training in Vegas. I was shocked it’s taken this long. Let’s hope it’s not the Hangover Part 4.
    As I mentioned earlier- not great news that coverage has remained static - we need more coverage for more sales. You might recall how this was such a big deal point last qtr - this time barely a word said about its importance or impact.
    And finally as we all keep saying - it’s all about sales and it sounds like it was less than 20 (when counting reactivations). Hopefully they didn’t just turn a bunch on in the warehouse.

    My guess (and I may just be projecting) is that investors will likely give the company 6-12 months to up sales. Failing to execute will likely see a lot of “sell” buttons being hit.
    Last edited by everglass: 30/04/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.9¢
Change
-0.001(1.72%)
Mkt cap ! $58.79M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $46.09K 1.621M

Buyers (Bids)

No. Vol. Price($)
10 4226514 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 208288 3
View Market Depth
Last trade - 12.18pm 17/06/2025 (20 minute delay) ?
IPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.