Interesting article: “ Saville says that with many long term...

Interesting article:

“ Saville says that with many long term investors increasing their holdings via the placement, this naturally leaves a lack of buying demand to soak up any marginal selling volumes.

The fund expects this will correct itself over time, assuming it sees evidence of improving financial results from its recent acquisitions, which it expects. “

“ Longtable is capitalised at around $60 million. The company itself is forecasting FY18 sales of $5.7 million (+27 per cent) and EBITDA of $1.7 million (+26 per cent). It intends to grow brands and products with broad consumer appeal that can scale not just nationally, but globally. “

https://thecapitalclub.com.au/2018/...-per-cent-in-fy18-here-are-3-of-its-holdings/