they really are frustrating...
* tight capital control, with cash balance of circa $20m being used to fund manufacturing expansion
* Terry white partnership expanded (why no announcement previously!)
* Chemist warehouse partnership is growing very rapidly - now $1m (why no announcement previously!!)
* New significant OEM international customer continuing the contract manufacturing focus (again, why no announcement)
.. but cash receipts down... due to retail (lower margin) and not contract manufacturing. Not quite sure about the move into Tmall, seems to contradict the targeted higher margins of contract manufacturing.
I suppose we will see another $500 of shares reduce the market cap by 10%!
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they really are frustrating...* tight capital control, with cash...
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