SSH cannot control their costs, so if you think a distribution agreement with Walmart will solve that problem then there is delusion. Walmart has all of the power, and they will take all of the margin.
But the Walmart announcement was nothing but a smokescreen so CPH could sneak this little "update" in:
What does this change mean? I would suggest the transfer of the mandate is being done so AB can try and divert the revenue to a company with less exposure to the ASIC investigation. Worryingly for shareholders, this also makes clear evidence the Directors are complicit in the actions of AB and EverBlu by agreeing to extend the notice period. It really is beyond the pale!!! "Yes, we know you are under a criminal investigation, but we will do the exact opposite to what a reasonable person would expect and further entrench this conflict of interest."
CPH Price at posting:
3.8¢ Sentiment: Sell Disclosure: Not Held
