Ann: AuMake successfully launches Australia First Daigou Hub, page-30

I prefer to asses the trajectory of a stock based on its sales, GP and NP trends.

AuMake does not need any more capital. It was secured at 45c per share.

Where the company's price will go will be determined now by its performance.

There are many here who simply talk rubbish both ramping and tramping. Let's see what Q3 results look like and start talking facts.

The roll out of new stores, for which the funding was needed, will impair ST profits as the upfront investment takes some time to be reflected in eventual sales/profits. However, the GP % should remain unchanged and trend up if this company is to be a success.

The company definitely needs to get a return on its daigou hub strategy or it will simply be a cash burn.

Presently, the answers to the scale and direction of the KPI's are simply too soon to call. On that basis, the company is totally speculative. It may quickly fly if strategies/outlets get traction OR IT WILL DIE.

This is no place for the faint hearted or the ill informed.

DYOR