FFF 9.09% 1.0¢ forbidden foods limited

Ann: Update on Capital Raising Transaction , page-5

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  1. 10,543 Posts.
    lightbulb Created with Sketch. 16
    I don't put forward valuations but the facts here are
    FFF trades at a PE of 3.6 cheap
    Half the debt covered by directors anyway
    Private investor consortium is willing to pay 3.5c(speculation)
    Rights Issue to existing holders at 1c (speculation)
    It would appear to me that FFF is an interesting purchase at these levels
    DYOR

 
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