Have just become aware that over the last 6 months or so Chemist Warehouse have been replacing Lots Dispense with their own software developed in house (MyScript). Word at the coal face is that there have been a few glitches in its introduction. This applies only to the dispensary software as they have already been using their own POS system.
Chemist Warehouse has been screwing their suppliers for years and although it is a significant loss for Corum they would have been more trouble than they were worth over the last few years. I imagine their impact would have already started to be felt in the first half of last financial year with non renewals, however no doubt the full year results may take a bit of a hit. The update from Corum earlier this year perhaps pre-empted this was happening so is already factored into the share price.
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