" If stock was such an issue why would you be doing EOFY sales (20%) on lifx.com.au!?"
Because the stock wasn't being converted into cash fast enough to keep the company afloat.
Discounting is not a good strategy long-term, because it sets a price expectation for future purchases. It also reduces profit margins. Without a profit margin, what is the point of investing?
- Forums
- ASX - By Stock
- BUD
- tweet
tweet, page-14
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)