I would like to see reconciliation between invoice sales and revenue and its timing. What is the timing between invoiced orders and dispatch of product. The company sits on $14.4m of inventory so why the delay?
I have no faith in the quality of the company's distribution partners. Agreements are entered into with little due diligence. The message of "MUF" - money upfront is a fallacy. It may be money up front on the first order but little follow through.
I hope that the board and management recognise the need for further human resources with global FMCG experience to drive this business going forward.
I would like to see reconciliation between invoice sales and...
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Last
2.7¢ |
Change
-0.004(12.9%) |
Mkt cap ! $5.771M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 2.7¢ | $8.434K | 292.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 437298 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
2.9¢ |
Change
-0.004 ( 6.45 %) |
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| Open | High | Low | Volume | ||
| 3.1¢ | 3.1¢ | 2.9¢ | 85245 | ||
| Last updated 11.35am 06/05/2024 ? | |||||
| ZNO (ASX) Chart |