Even delayed revenue isn't going to help out this pup.
Not if delayed sales of $1.9m only impact bottom line by $200k.... doesn't add up - or if it does it then its another damning insight.
If it is a genuine result of shipping delays under IFRS standards they will be required to report in the current period so shouldn't have any impact at all....
Pretty standard omega3 used in IF, I know of a few NZ producers which source theirs from Australia, not sure if the source is an issue as long as it achieves the required spec
SGM for 17 th May, should be interesting , is there any future here ?
None. A three legged blind pig dog riddled with mange, fleas, worms and ticks is more attractive than this mutt.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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