Unfortunately JB stores have been slow to restock again so it’s too difficult to get any meaningful sales numbers for the second week of Feb after a surprisingly very strong first week. Many stores I watch are out of all colours or most colours. Stock levels appear to now be similar to December lows just before they reorderd. I’m looking forward to getting another decent size retailer here to smooth out our sales at home. However I’m convinced that sales in Europe by later this year will dwarf Australian sales and I won’t be bothering to check sales here on a weekly basis anymore. It just won’t matter as much as I expect sales in Europe to be at least three to four times the sales numbers here. How many European countries are getting added will be what drives the sp later this year and next.
MWR Price at posting:
$3.25 Sentiment: Buy Disclosure: Held