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0.3¢ beston global food company limited

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sandy68

478 Posts.

304

23/11/17

12:11

Post #: 29052398
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Originally posted by DalyWaters ↑

It seems that plenty have cash to splash on get rich quick schemes if you have a look on the POP threads. It really is going off like a dot.com bubble stock.
BFC pulled their money out of the B-d Paris Creek venture earlier this year. Now POP have paid $34 million to buy 100% of B-d Paris Creek, a company with a net asset value of $6.5 million.

Roger Sexton made a veiled reference to that deal in his speech yesterday. He mentioned how good the $4 million purchase of the Murray Bridge plant was when compared to the ridiculous prices that are being paid for dairy assets at the moment.

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That is why I've put my reason for the firm being undervalued severely. The assets
being more than the share value. Just show me your maths.. and I'll go in detail. One of us will be right eventually.

I've explained above in a simplistic way.

BFC Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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