The conditional contract with Crossmark is the result of efforts over a period of 10 months to secure a distributor.
JP himself was surprised that such a large distributor took us on board ( Im sure many were ).
What market will wait for are the details of the contract of how much percentage of revenue will go towards the large company for their marketing efforts.
What this really shows is that Crossmark believes that we have an excellent product.
The unconditional follow up ann is nothing but a formality. From here on onwards the business path is clearly cut out and was discussed numerously on this forum.
Our erratic trading activity yesterday is more a sign of PNO's past than it's future.
It allows many investors who are familiar with the company to accumulate at low prices which is probably an unexpected opportunity.
Risk ratio at current prices has fallen dramatically compared to period prior to ann.
The fact that PNO now needs to contact the manufacturing
company to get more product ready for the first order to the distributor shows that the whole scale of PNO's business is undergoing a rerating in terms of scale.
This has exceeded many posters expectations and price appreciation is only a matter of time now, most likely linked to the next distribution ann.
- Forums
- ASX - By Stock
- what will wednesday bring
The conditional contract with Crossmark is the result of efforts...
-
- There are more pages in this discussion • 16 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 CAI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable