LON looks interesting, has been trading between 30 ish 38 ish for a while.
Unprofitable with metrics slowly improving.
Model is about to mature quickly with acquisitions of 2017/18 moving from private to corporate management.
Food model primarily organic dairy and assorted high end yogurts, cheeses etc.
It has a negative perception in market, with a premature consolidation of SP without company metrics too support, surprise surprise turned into a nice little wealth destruction exercise for shareholders apparently.
The trading hound has been buying low 30's for trade but as time goes by starting to morph into a potential lucrative model realisation play leveraged to negative emotion about to turn positive.
https://www.asx.com.au/asxpdf/20181128/pdf/440q1vgl4v71tl.pdf
Disc: Garage bought a few last week and holding.
Short Term Trading Week Starting: 7 Jan, page-73
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