Thanks for sharing Morgans analysis.
I am backing the growth of this company and am bullish on the outlook. With Darren Anderson at the helm - who grew his last business to $200m and 850 employees, opportunity is now!!
10M shares traded yesterday and close @ .18c - just the beginning.
HRL / Analytica consolidation and growth opportunities
Positive catalysts;
- A positive 1Q19 trading update (end of October)
- The announcement of final certification for its infant formula pre-export testing joint venture, CAIQTest Pacific (likely by the end of CY18)
- Development of new laboratory testing services
- New greenfield laboratory expansion
- New acquisitions; and
- Earnings surprising on the upside.
22c Target
In saying this - I am in for the longhaul - largest holding in account since 7.5c
Loaded up on more at 16c
HRL Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held