This is an interesting read.
1.China update - as far as I can tell this is a geography lesson and provides no financial information.
2. Australian Market - this does not accord with the cash result, at all. An increase in revenue of $$138k on the prior quarter, when you have been operating a new venue for most of the period and theoretically gone national with your distribution. Also, to reduce you Product Manufacturing costs (cash-base) by 40% when you're theoretically ramping volume, is odd. The only conclusion here is the cash shortage means they're not paying suppliers to terms.
3. Broo Brewery - clearly included here for comic relief only. Saves me including any additional humour.
There's no mention, nor financial evidence of, the cost reduction activities from the half-year update at all, other than a cut to marketing.
Oh, and apparently we're going to spend another $1.6m in the quarter ahead, but wth $872k in the bank.
More to come when I have time.
- Forums
- ASX - By Stock
- BEE
- Ann: Market Update
Ann: Market Update, page-2
-
- There are more pages in this discussion • 128 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 BEE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.568M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BEE (ASX) Chart |
Day chart unavailable
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online