Member Info for Lalo1980

Interesting. Why do you think disposables have higher margins given their anatomy? What gross yield are you looking for from the Ark acquisition? 17.5% currently but you're right that could drop. Lets say it drops by 20% that's still a 7% running yield.

1. No date has been set for the vape ban ("sometime" in 2025 "maybe" plus 6 month consultation period)

2. A drop in revenue post-ban is clear but I can't see any discussion on effect on gross margins (currently at 41% by segment P.12 HY Sep-23). The shortfills are clearly cheaper to produce because they don't contain sensor, aluminium shell, heater, copper wiring or battery. Therefore while a drop in revs is clear (when/if it happens), effect on gross margins is likely to be much more limited. Kind of important to take this in to account when looking at growth going forward....right...?