BXN 13.3% 1.7¢ bioxyne limited

Malaysia launch Mymana NZ milk, colostrum & honey, page-6

  1. 4 Posts.
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    Thanks zx65

    Just a quick glance over previous announcements.

    30th Jan 2018 16,000 can initial order was received from SE Asia for BK18.
    27th July 2018 $420,000 was used to build up inventory.

    I am not sure what a can of their product cost to produce but $93 per can for potentially 16,000 cans and/or $420,000 (cost to produce price) worth of stock sold looks good to me.

    Only 2 options I see is they are legitimately low on stock because they have sold a lot or they are holding stock for SE Asia because of a good sales forecast.

    Bring on 2019!!!!!
 
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