Just thinking about those 77,000 Zoleo orders not yet shipped - what would be the product manufacturing costs ? As a wild guess, perhaps $100-$200 per unit ? So that would mean $7.7m - $15.4m. This latest quarterly shows they have spent $7.5m on product manufacturing and operating costs for 1H FY22, so we should be expecting a big increase in these costs for 2H FY22 if they fill these orders. I think the rapid rise in orders might see the net cash go negative for the next couple of quarters, and this will indicate that BCC is growing its Zoleo business very rapidly, and this is precisely what everyone wants ?
All IMHO, DYOR
BCC Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
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