In the recent Alan Kohler interview dated 4th March 21- PH was asked how many litres they were selling a month right now - this question was asked twice - PH replied in the ball park range of 350k-500k litres - average price per litre US$11.
At the lower of the range of 350k litres @US $11 = US$3.85m for the month = NZD $5.5m.
So far head line revenue could look like - December billings of NZD $7m were not delivered until Jan 21 - January billings according to the Half year podcast totalled $NZD $4m - February billings NZD $5.5m? If the 350k litres is truly in the ball park then the March Qtr 21 is looking like possibly being more than 1HY21 of NZ$14.5m.
The interview is available on ER website.
ZNO Price at posting:
63.5¢ Sentiment: Hold Disclosure: Held
