I have to recognize that their agreement with Skull Shaver (in June 24) was probably a good way to invest part of their cash (net cash of 13.5 m$ at 30/6/23).
According to this agreement, they invested up-front 2.25 m USD (around 3.4 m AUD) to get the exclusive rights for Australia and NZ for 5 years.
Given that Shaver Shop expects a payback of 3 years for this, it looks like a good investment.
It seems also quite low risk as "Skull Shaver has been a key supplier for SSG for approximatively 5 years.
Skull Shaver delivered outstanding sales growth in ANZ since their launch with SSG in 2019".
I have to recognize that their agreement with Skull Shaver (in...
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Last
$1.25 |
Change
0.060(5.04%) |
Mkt cap ! $163.7M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.26 | $1.20 | $335.2K | 273.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 15300 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SSG (ASX) Chart |