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$5.54 greencross limited

"So don’t be surprised to see us own Greencross one day."...

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LightForce

2,917 Posts.

188

03/06/18

22:09

Post #: 33463684
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Originally posted by BBinc ↑

Agreed: I read the the original article https://foragerfunds.com/news/a-few-more-fleas-at-greencross/ on the Forager Blog rather than on LiveWire and there at least the 2nd last paragraph, although not explicit, almost certainly gives their position.

Does a few million dollars here or there swing the dial on an investment decision? Maybe not on its own. And this should be a decent business. Spending on pets is growing and resilient and the opportunities for consolidation are significant. New management are clearly giving it a good bath. (The sceptics tell me the next step will be to write off those capitalised IT costs, non-cash of course). So don’t be surprised to see us own Greencross one day.

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"So don’t be surprised to see us own Greencross one day."

Classic downramp Greencross and then buy in at low price? Is Forager onboard already yet or not? Hmm...

Last edited by LightForce: 03/06/18

GXL Price at posting: $4.42 Sentiment: Buy Disclosure: Held
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