I am somewhat concerned by the fact that 20k pearls from 2007 are still unsold. It represents 20% of its annual production.
Its inventory jumped in 2007 from $1.7 million to 11.8 million. For a company of this size thats far too much money tied up. They need to gee up or change their sales agent,Pearlatore. Whatever, they certainly need to examine and transform marketing.
Despite this I am holding and would buy more if it was not for liquidity reasons,ie:relatively low daily shares traded
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $72.44M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $7.587K | 45.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 104975 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 426941 | 10 |
View Market Depth
| Last trade - 11.15am 28/07/2025 (20 minute delay) ? |
| ATP (ASX) Chart |