Current inventory of $42m, HY sales of $60m...me thinks there's going to be some discounting going on the in next half to shift that stock! 30 June 2012 they had $12m on hand... Also mention that debt increased to fund the FY13 dividend not great news.
Sold the last of mine today, these guys clearly don't have a handle on how their business units are performing, and its not a business that I want to invest in for the long term.
It's a shame, as I really like this business and they seem to have good products. Good luck to all.
Current inventory of $42m, HY sales of $60m...me thinks there's...
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Last
$12.07 |
Change
0.070(0.58%) |
Mkt cap ! $2.188B | |||
| Open | High | Low | Value | Volume |
| $12.19 | $12.24 | $12.03 | $1.762M | 145.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 553 | $12.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.10 | 621 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |