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16/01/18
22:00
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Originally posted by Teddyward
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They are now quoting over 20 mill in Aussie dollars so forget the 30 mill rubbish.
There has been a premium paid for various reasons in that business and those same reasons do not apply to Yowie so using the metric as a comparison is flawed.
Think about it. They owe a customer 2 mill and have decided to settle by making many payments- read as offset against new orders. These can't be retail returns so there has to be something to do with pricing and volume discounts that they did not meet so they have had to possibly pay for aisle promotion , catalog etc etc. If this is breakages, out of date, returns they have a major issue . More explanation needed
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So Teddy, how are you feeling now about your shareholding???
I was still believing in the business, but now am a bit concerned.
But judging by your last say 100 posts, you clearly have never believed in the management or business, so gee, you must be really concerned??
Yet you are still a shareholder?