Does highlight the lost opportunity - ie. there is a market out there if you know how to crack it. Clearly, the YOW team don't. But its does show the YOW business has some value if another (experienced) group were to acquire. I'm now firmly of the view that they should sell the business and find something else to do with the proceeds, right now we are burning through cash that could be making money elsewhere. $20M in the bank plus a business that could be sold, with a MC of $15M. In the right hands there could be a future for YOW (the listed entity not the chocolate company) - I'm now on the side of the circling vultures rather than present management!
YOW Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held