BDA 1.06% 46.5¢ bod australia limited

News: BDA BOD Australia secures binding letter of intent with a Swiss manufacturer, page-162

  1. 13,245 Posts.
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    Bod has two different market opportunities within same segments.

    1# Achieving a growth in existing beauty and skin care business
    2# Maximize opportunities with swiss base Linnea for MM Products to include a unique medicinal skin care range plus a therapeutic product(s) in areas such as but not limited to nausea and vomiting, anti-inflammation, neuroprotection and anxiety disorders

    However, implementing right strategy and achieving actual growth could take some time. But that's the reason BOD is actually trading less than $10m EV.

    If BOD could increase revenue with existing business in coming months and get regulatory approval to Import and start clinical trails on future products produced by Linnea; then MC over $40-60m could be well achieved in coming months (in line with peers such as CPH, AC8 & MMJ). However, one step at a time and believe BOD management is slowly moving to the right direction.

    cheers
    J
 
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