Thanks will do further research and more digging to see if I can...

Thanks will do further research and more digging to see if I can draw some more conclusion.

From what I know AHF has decent product range and also far better revenue/income stream compared to companies like WHA. You do know that WHA has a much lower revenue and also burning cash much faster than AHF right - only difference is that they have an infant formula product and backing from Masons.

Not sure if we can trust current management to pull off what they say they are able to do. But given current assets/liability and revenue, I think the share price is justifiable given the 'potential' into IF market. Think about it- you are not buying a shell company but a company with actual farms, cows and factory. Also the chairman/owner has heaps of shares in the company and should be motivated for it to do really well. I think he will make more money for himself if the value of his shares goes up rather than swindling the money elsewhere.

From TA trading perspective the current share price/volume traded looks really good. High volume spike upwards and low volume retrace. Easy to retest previous highs of 25c and maybe even beyond depending on volume and share price.

Technically there is no 'new support' since the announcement and first spike so possibly can retrace further. However I believe another run up is imminent. Some smart money is still locked in. I'll wait for the bounce/confirmation before I buy back a trading parcel.

Low volume pull back
A low volume pullback is a technical correction toward an area of support that occurs on lower-than-average volume. Since the move occurs on low volume, traders often attribute the pullback to weak longs locking in profits rather than a reversal.

BREAKING DOWN 'Low Volume Pullback'
Frequent moves that occur in the opposite direction of a trend, which are accompanied by low volume, are normal fluctuations and generally deemed to be insignificant. On the other hand, a large spike in volume in the opposite direction of the trend could be used to signal that the smart money is starting to look for the exits and that the trend is getting ready to reverse.

Trading Low Volume Pullbacks

Many technical traders will try to enter a position on the short-term weakness seen in a low volume pullback because it increases the risk/reward ratio as stop losses are closer to major support levels. Long term investors may also take these opportunities to add to their positions at a lower price and decrease the cost basis of their overall long positions, which creates an opportunity for more upside.
Traders will use indicators, such as the on-balance volume (OBV), to find situations where the trend and the volume are diverging. If the trend is moving higher and volume is decreasing, trades may look for a potentially longer-term reversal to occur since there are fewer longs responsible for pushing the stock higher. High volume pullbacks are also a sign that the market may be ready to reverse. In these instances, long traders may exit their positions and long-term investors may lock in some profits.
Traders often look at many different factors when determining if a pullback is temporary and long-term. While volume is a reliable indicator, it's also important to look at chart patterns, such as key support and resistance levels, and technical indicators, like the relative strength index (RSI) or moving average convergence-divergence (MACD), to confirm these sentiments.