ALA 3.23% 16.0¢ arovella therapeutics limited

Hi nameuser"If you are still there Clyde, was there any mention...

  1. 1,893 Posts.

    Hi nameuser

    "If you are still there Clyde, was there any mention of forecasted growth and revenue for West Coast and how soon they will be able to tip some decent cash into the pot?"

    Yes WCS was mentioned - they have reached a stage that the Board expects them to be cash flow positive early in the next financial year - they are pleased with progress so far and have really concentrated on delivering a better service as a point of difference - I suspect also that the product being sourced out of China which will give them better margins will also help this situation but that was not mentioned by Steve at the meeting

    As for growth - pretty hard to gauge as it will depend on the type of deals they will strike - remember SUDA won't be producing and selling any of this stuff if they cannot sell it on

    Clyde
 
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