ROO 5.56% 1.7¢ roots sustainable agricultural technologies ltd

Ann: Conditional $19m China exclusivity agreement signed, page-5

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  1. 980 Posts.
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    At first glance this looked like another GMV style announcement, however ROOs sales targets look reasonable and our distributor is also a direct paying customer of the product.

    The quarterly showed low cash burn so it seems all the heavy R&D lifting has been done.

    If this was announced on another day the stock would have closed north of 50c.
 
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