Ann: AHF to produce Organic Infant Formula with Australian Milk, page-186

AHF, last spike to 50c, was due to acquisition of CDC and farms.

BUB & WHA, had many doubts while their share price was low, limited revenue, but have a look their share price and valuation,
BUB, up 1000% after acquisition of Bubs, just a small family busines



WHA, IPO, 20c, up 13500% to $2.90,
More recently, JAT, acquiring 51% of an infant formula brand (total revenue of $6m over last three years, average annual revenue of $2m), driving JAT share price from 2c to 29c,



At end of the day, it's a speculative stock, high risk/high return.
AHF, 6 farms & milking cows, and CDC, will be valuable after becoming an infant formula producer, imo.