Just starting to look into this company.
Quick question. Is it a typo in this announcment when it states 170,000 bottles have been shipped to China -$600k of stock.
Should it read 17,000 bottles?
170,000 would work out as at $3.52 per bottle as opposed to 17,000 working out at $35.20 a bottle which is more in the range of the various products they sell.
I have been monitoring their sales on Tmall so far this month and they are selling about 40 bottles a day at the moment on Tmall (obviously also would be more through other channels in China).
Trying to work out when China will need more stock.
I've used Google translator and the reviews posted on Tmall have been quite positive and Zoono is rated at 4.8 stars.
Ann: Quarterly Update and Appendix 4C, page-51
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