Thx again for your thoughts. Regardless of any suggestions that...

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SRV

2,930 Posts.

29/12/17

14:27

Post #: 29933765
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Originally posted by Reillyblue ↑

I don't think you should forget about WHA nor about LON. WHA has 70% of organic milk market and LON has 20%. It is pretty much a duopoly. Major difference is going to be shares outstanding, WHA has 144 million to LON which will have 2.5 billion. The reason WHA shares price has gone up is simply supply and demand. More people want the shares than there is supply. LON will have this as an anchor on it as 2.5 billion shares will work in reverse more supply than demand. I have had a similar issue with some Medical marijuana stocks I own. Unfortunately mine has a lot of shares on issue and despite positive news the share price can't reach what some of the other stocks have because of limited share holdings. Lon will be interesting to watch over the next month if it breaks 5.8 there isn't much support until 4c. Hopefully an announcement or two will give it a boost. The question is will the investors hold tightly or try and take some profit. Remembering at the current share prices they have doubled their money. Another more interesting play in this sector is bxn. seems a nice blend of two.

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Thx again for your thoughts. Regardless of any suggestions that 'the smart money' is onboard (which I question), and the history of the ceo - the number of soi is definitely an issue for me for the reason you mention - which is why I've opted for JAT & BXN instead. GLTAH.

Last edited by SRV: 29/12/17

LON Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
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Add LON (ASX) to my watchlist

Thx again for your thoughts. Regardless of any suggestions that...

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