Australia's largest stock trading and investment forum Australia's #1 stock forum

AGH

Click for more information

0.00%

1.9¢ althea group holdings limited

Cash Burn - returning investor, page-4

First 4 Last

Share
Profile

Follow
Martybri

101 Posts.

14

28/04/20

13:24

Post #: 44301085
Share

Originally posted by Cripps2020: ↑

I honestly don't see too much of a problem with the cash burn.
I believe we should see a dramatic reduction in cash burn this quarter due to the capital expenditure we already put into the Peak and inventory stockpiling. They already reduced their cash outflow last quarter and if the numbers continue to rise so will the reoccurring customer receipts.
I'm extremely happy with how management are building this company, hopefully in the next few months we begin to see a real rise in customers and doctors prescribing out product throughout the UK and we get approval for the Peak Processing facilities in Canada to get up and running.
Company has a very bright future in my opinion.
I have only held for a few months but will be a long term holder of this company.
Just my opinion though, on HC there seems to be more negativity than positivity so opinions seem to vary dramatically. I'm extremely optimistic about this company.

Expand

Agreed, as well as their 12 month inventory costs is around 380K and they made 1.4Mill in three months from Australia alone. That's 95K of stocked turned into 1.4mil which is unreal

AGH Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

There are more pages in this discussion • 10 more messages in this thread...

First 4 Last

Add AGH (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $7.701M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.8¢	$48.76K	2.702M

Buyers (Bids)

No.	Vol.	Price($)
1	30000	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	869326	6

View Market Depth

No.	Vol.	Price($)
1	30000	0.018
13	1530113	0.017
6	587766	0.016
5	762561	0.015
4	259428	0.014

Price($)	Vol.	No.
0.019	869326	6
0.020	848880	4
0.021	700000	2
0.022	752196	3
0.023	500000	2

Last trade - 16.10pm 29/07/2024 (20 minute delay)

AGH (ASX) Chart