Main thing I got from the presentation would be:
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if you take $3.5m/14,000 = $250 per unit.
30th June cash position was $3.405m (previous Quarterly) and raised another $9.2m.
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This means the last 3 months the company burnt another $3.605m. This would suggest expansion cost.
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This would suggest that the company has been building inventory as it rolls out to bricks and mortar stores.
I guess people would like to see NUH sell at least 10,000 units per month. At $250 per unit this would mean $2.5m per month or $7.5m per Quarterly. Then things will get exiting...
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- Ann: TechKnow Presentation - Melbourne & Sydney October 2017
Main thing I got from the presentation would be: [ATTACH] if you...
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