RE: Massive buy sign12 Apr 2021 15:26
Thanks Keepdreaming.
Its really good to hear what you, and hopefully others are thinking as its so easy to just follow your own thoughts, not realising what other views are, and can be a good leveller.
Thanks for your point regrading profit per day, they did announced they were happy with the 5 / 6 products being sold per day, per outlet and were happy with that to get them to where they wish to be. So yes, conservative $10 net profit per outlet sounds more realistic at present.
As all things the the profit per unit will become an average over time anyway, some outlets sell more and others less.
Also good point about finance agreement, especially the $15 m to be drawn this year ( already identified where it will be spent, i imagine), hope to hear more about that sometime soon.
The 125 outlets a week was their target ( or agents target), which they said was actually achieved in the early days - so Ill keep them to that for now, as its all we have to compare with, when the actual figures are released.
As a newby here, I do not have the luxury of having a very much cheaper share price, to cushion me so i have to be carful when i buy, to ensure i'm not spiked, BUT with John Story continue buying at this price, and the sp holding at this level well at the moment - it seems the low 80s maybe a good place to add some more.
GL and Thanks Vas.