What I take from this move is that they see value and significant upside in Yowie.
The current price, even at 0.17c a week ago is pretty darn cheap.
I remain pretty bullish on this and reckon this will easily recover to 0.50c pretty soon. Just take a look at the last quarterly. Net profit up. Sales up. Previous management removed. What more can we ask for, really.
If this growth sustains over the course of 2018 and the promises made in the recent quarterly come to fruition, then we're in for a good positive ride.
Good luck to all!
YOW Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held