Just glad I sold these shares when it spiked to mid 10s, had a...

Just glad I sold these shares when it spiked to mid 10s, had a look at the recent interim report, there’s over 4 million of related transactions where wentronic sold inventory to cell net and collected 9% in fees. Is this at arm’s length and standard practice?

I guess this is what happens when you have a controlling shareholder.

Biggest risk around this business is the inventory and management valuation on inventory. Going back through historical reports, a large part of losses/write downs relate to obsolete stock. They have 24 million of inventory, so whether they can recover all the stock at carrying amount remains to be seen.