WHA 0.00% 48.7¢ wattle health australia limited

Cutting losses & rebuying?, page-94

  1. 3,617 Posts.
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    I've already said that CFDA approval means next to nothing. You guys think it's a golden ticket to money flying in. The company sells next to no formula. The quarterlies are evidence of this. Why would CFDA approval change that? Just because you have a licence to sell a product into a market doesn't mean you will be able to sell it. All the IF brands that make up the lion's share of formula sales in China will all have/get CFDA approval. WHA still has a whopping market cap of $150m relative to negligible revenue. Therefore the SP has more than baked in a lot of increased revenue. Where is this increased revenue going to come from?

    I'm worried for you guys not understanding the basics of fundamentals and valuations..
 
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