fluffy/macraes - What happened?
*US distributorship went into dispute and halted all sales
*GFC home bust
since:
-new management
-new strategy
-restructured around chinese manufacturing base
-reached agreement with previous sole US distributor and now has multi-distributorships base there and pretty extensive international distributorship developing
-still in strand bamboo, sales re-establishing at 16% growth per quarter lately
-has now also launched a patented strand euclyptus, harder than hardwood, no warping issues product; positive response from distributors, awaiting sales buildup
taken a hit with some forced CN conversions and some selling, but todays market update in response to ASX query has pulled in some buyers and seems to have backed off any further selling
managed to top up some more near lows
syp.....waking up after a long sleep, page-10
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $12.36M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 4.2¢ | $1.134K | 27.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 230362 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 52334 | 2 |
View Market Depth
| Last trade - 11.04am 05/06/2024 (20 minute delay) ? |
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Last
4.2¢ |
Change
-0.002 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 4.2¢ | 22089 | ||
| Last updated 10.50am 05/06/2024 ? | |||||
| MTM (ASX) Chart |