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33.3% 0.4¢ elixinol wellness limited

Ann: Appendix 4C - quarterly, page-2

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  1. Stix14
    81 Posts.
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    31/01/18
    10:01
    Post #: 30686488
    So call me stupid, but does this 4c show

    Income from sales $78,000 - costs (production, staff, admin and corporate costs) $736,000 = -658k

    Are they sitting on a big pile of made products just ready to ship out the door, their products are already sold as high end so the price can't rise on them.

    I don't really understand how they spent 419k on production but only sold 78k worth?
    Last edited by Stix14: readibility 31/01/18
    EXL Price at posting: $1.55 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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