I don't hold, used to, still watching it as I think it has good potential and may buy back in. I sold out because I got spooked when they went off market re: the VN expansion. I had incurred about 14-18% loss but something didn't seem right to my mind. There were some rumours I picked up through GROWFISH.COM and I didn't feel the flow of news was giving all the info. Now I think the company is suffering a bit because it is exposed to USD earnings and with the general (predicted) downturn in the US it may crib its cash flows. Then there is "global operational risk". The HQ is in Perth but the business is ostensibly run from Mas. with a supply link in Vietnam. Perhaps some are concerned about managing all that diversity.
Anyways, small market cap, good idea, good expertise, really its just down to management to prove they can make it work IMHO.
Cheers
AAQ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
