If or When Will Organic IFM Be Sold?
AHF's hype & SP spike this week is just that! Pure, Creamy, Bottled, Simple.
After reading AHF's Investor Presentation plus history, one is left wondering what and how this loss-making company can turn it around... if ever?
One cannot compare AHF will any of ASX companies in the IMF space, even the latest hot rocket, JAT, with its current export sales to China, long-standing China connections, market/other regulatory approvals.
With AHF, today theirs is "pie in the sky". 150% investor pure speculation.
IMO, AHF has zero credentials and connections to sell Organic IMF globally...especially into China.
It may be light years-if ever-to raise massive CAPEX to fund new plant etc.
In past few years, many have tried-e.g. Billionaires Gina Rinehart (ditched dairying/IMF to stick with iron ore/beef), Bill McDonald (ditched dairying/IMF at Camperdown to stick to quarries), Gerry Harvey (recently ditched dairying to stick with retail) to name a few-all have failed.
So what makes AHF different?
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If or When Will Organic IFM Be Sold? AHF's hype & SP spike this...
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