Australia's largest stock trading and investment forum Australia's #1 stock forum

ABT

Click for more information

0.00%

2.7¢ abundant produce limited

The silence is deafening from ABT, why still no update on new...

First 2 Last

Share
Profile

Follow
Tarvold

21,642 Posts.

1245

18/03/18

14:28

Post #: 31837807
Share

Originally posted by Tarvold ↑

Face cream was on sale for Queens Day (8th Mar) on Tmall at a price of $10 a tube!
That's a massive discount from the rrp of close to $70.
The only good thing is that they sold out at that price.

It's concerning that ABT are resorting to such extreme tactics to try & build sales, especially in China were price is associated with quality.
It's also worrying not to hear of either the results of the Chinese New Year, which specifically the company highlighted as an important time for sales, or of any pre-sales of the other 5 products that have been launched.

The face cream generated pre-sales of $60k, surely the other 5 together have produced a material amount of pre-sales since launch? If not then they have serious issues.

Any thoughts?

Expand

The silence is deafening from ABT, why still no update on new product pre-sales?
Surely there must be some material news before the quarterly update?

ABT Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

There are more pages in this discussion • 5 more messages in this thread...

First 2 Last

Add ABT (ASX) to my watchlist

SPONSORED BY