AHL 2.16% 71.0¢ adrad holdings limited

Ann: Appendix 4C and Business Update, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15,402 Posts.
    lightbulb Created with Sketch. 314
    Traditionally Q3 typically has the highest operating cash outflow each year due to the timing of vendor payments for goods shipped to customers during the previous quarter’s holiday sales.

    Website states...

    AHAlife’s business model is a direct drop-ship between the designer and the customer, avoiding the need for storage and distribution of inventory and the associated inventory risk.

    So my question is, why dont AHAlife take the payment via their website upfront, then payout to the designer once the stock has been delivered?

    Im confused?
 
watchlist Created with Sketch. Add AHL (ASX) to my watchlist
(20min delay)
Last
71.0¢
Change
0.015(2.16%)
Mkt cap ! $64.21M
Open High Low Value Volume
71.0¢ 71.0¢ 71.0¢ $2.8K 3.944K

Buyers (Bids)

No. Vol. Price($)
1 6056 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 10000 1
View Market Depth
Last trade - 15.59pm 15/11/2024 (20 minute delay) ?
AHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.