" 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
- tweet
" If stock was such an issue why would you be doing EOFY sales...
-
- 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)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online