BDA 1.06% 46.5¢ bod australia limited

Ann: Quarterly Report and Appendix 4C, page-4

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    Just speculating on the reasons for the drop in revenues, as there 's no other indication, it could just be a seasonal (summer?) drop (?). Noticeably, advertising and marketing costs will more than double from the last quarter, perhaps there's a clue there.
    It was always assumed that the real growth would start to take place around now, $161k already received, at this pace and with a growing distribution footprint, this can turn cash flow positive in a semester or so.
    I can wait that long, I'll reassess the investment then .
    Last edited by aburbe: 30/04/18
 
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