sharetrader
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  1. #10
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    Join Date
    May 2010
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    67

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    Annual report came out recently (viewable at http://file.nzx.com/000/096/5215096.pdf).
    The numbers look reasonable to my uneducated, ignorant eyes. Not sure what all the pictures of underdressed models are for, especially as not all of them are holding candles.
    Importantly, they are looking at turning a profit next year, which is ahead of schedule.
    Share price is almost back at IPO levels, although the warrants will put a soft cap on the price in the intermediate term.

    I would think it's not the best market condition to sell $50 candles, most of which I personally find a bit eccentric (odour-wise) and intense for enjoyment, but I don't think I'm the target audience anyway (possibly the target market, though).
    Last edited by darksentinel; 07-07-2011 at 06:27 PM.

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