Ann: Change in substantial holding, page-9

I spoke to management recently, the share price movement was impeded by previous owner due to different directions the current CEO wants to go. They refuses to sell in block in the market hence it is a revengeful play by them against the company, who knows if they are lucky they might get the company back.

However, the current management is not keen buying in the market themselves but expect business to improve as the canning line expenditure is finished.

The company is right strides but lack of profit is the key. Talking about EBITDA is futile except for accounting gimmicks. Let’s hope Vivienne will finish selling next few months with better business news coming.