I find the quote "estimated value of inventory production" a bit confusing. I am under the impression that inventory value is the full cost of production until the items are sold as you don't know how much buyers are prepared to pay. When sold the margin is added and value becomes revenue.
So is the $3 to $4 million inventory cost or is it a roundabout way of saying estimated revenue? ( a way of getting around ASX queries?)
I find the quote "estimated value of inventory production" a bit...
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Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.40M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.5¢ | 40.0¢ | $9.196K | 22.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1305 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 3491 | 2 |
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| SMN (ASX) Chart |