Pharmazen

[Basil]

Interesting to see Cibus Capital's representative on the board Damon Petrie resigned effective today, the second director resignation within 6 months.  I guess that signals they won't be investing any further funds into PAZ. A new director has been appointed.
Didn't dare comment on the first half EBITDA result as it was so shocking, I feel sorry for shareholders.

[Minimoke]

Interesting to see Cibus Capital's representative on the board Damon Petrie resigned effective today, the second director resignation within 6 months.  I guess that signals they won't be investing any further funds into PAZ. A new director has been appointed.
Didn't dare comment on the first half EBITDA result as it was so shocking, I feel sorry for shareholders.

1H has already been commented on. Not much more to say other than to look forward. Cibus having adding the value as initially expected.

[lorraina]

Given the poor first half, and the significant upturn which commenced in May, the company is looking
to post an update with unaudited third quarter results in the fourth week of October.

[Breezy]

The tide has turned.

[lorraina]

Thank goodness..!!!...lol

[Untamed]

I second that sentiment. First bit of good investing related news I've had in months.

Thank goodness..!!!...lol

[winner (n)]

What a great quarter

Annualised it's $$33m revenues and ebitda of $8m

That's pretty good

[Basil]

What a great quarter

Annualised it's $$33m revenues and ebitda of $8m

That's pretty good

That's encouraging indeed.  I hope this works out for holders.

[Untamed]

Yet apparently they made too much collagen product. Giving away short dates product for cost of shipping only. Just ordered a bottle.

While I appreciate the opportunity, as I can't currently afford to buy Aiora, this is not the first time they have had an excess of short dated product, so a little concerned as to why this is occurring.

[lorraina]

This should always happen.
To set up each product production takes a lot of time.
Therefore each time you run the production line a bit longer means the extras cost next to nothing.
For example produce 10,000 costs say $10,000 while producing and extra 5,000 only costs $1,000 more.
So average cost reduces from $1.00 to 73.34 cents.
If you keep your selling price based on sales of 10,000 and hit 14,000 you are well ahead.


 

[winner (n)]

This should always happen.
To set up each product production takes a lot of time.
Therefore each time you run the production line a bit longer means the extras cost next to nothing.
For example produce 10,000 costs say $10,000 while producing and extra 5,000 only costs $1,000 more.
So average cost reduces from $1.00 to 73.34 cents.
If you keep your selling price based on sales of 10,000 and hit 14,000 you are well ahead.


 

But those punters who bought the 5,000 excessive cheap ones won't be be paying full price for their needs eh. ....lost margin

[lorraina]

Not so.14,000 sold full price.1,000  given away or destroyed.

[lorraina]

Black Friday Sale Starts Now


The sale you've been waiting for! Shop 30% off all single products and essential packs.

No discount code needed.

Go to www.aioranz.com

[winner (n)]

Black Friday Sale Starts Now


The sale you've been waiting for! Shop 30% off all single products and essential packs.

No discount code needed.

Go to www.aioranz.com

You had me there for a few seconds percy ......thought the sale was 30% off PAZ share price ...bugger

[Breezy]

You had me there for a few seconds percy ......thought the sale was 30% off PAZ share price ...bugger

Someone slowly upping their bid by a couple of cents but only offer is currently 68% above that, all going well you will be lucky to get them at that price a year or so from now.