LON looks interesting, has been trading between 30 ish 38 ish for a while.
Unprofitable with metrics slowly improving.
Model is about to mature quickly with acquisitions of 2017/18 moving from private to corporate management.
Food model primarily organic dairy and assorted high end yogurts, cheeses etc.
It has a negative perception in market, with a premature consolidation of SP without company metrics too support, surprise surprise turned into a nice little wealth destruction exercise for shareholders apparently.
The trading hound has been buying low 30's for trade but as time goes by starting to morph into a potential lucrative model realisation play leveraged to negative emotion about to turn positive.
https://www.asx.com.au/asxpdf/20181128/pdf/440q1vgl4v71tl.pdf
Disc: Garage bought a few last week and holding.
LON looks interesting, has been trading between 30 ish 38 ish...
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XAO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,754.7 |
Change
49.700(0.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,705.0 | 8,771.3 | 8,705.0 |
| XAO (ASX) Chart |
