If the THM financials come in as significantly profitable (EBITDA and on a cashflow basis) such that the overall HLF group is profitable and no longer at the mercy of the capital markets for funding, then it (the acquisition) will have been a genius move by management. If the business financials do not hold up to the levels indicated by management (back in Feb) then it will have been, quite frankly, a shocking strategic decision. Based on the quality of the CFO's due diligence credentials with Greenhill's I believe it will be the former, but the market is judging it will be the latter, possibly because the market price (share price) is set at the margin. With prices set at the margin by the most emotional person, or the greediest person, or the most depressed person, it is hard to argue that the market always prices rationally. We will find out in a couple of week's time.
- Forums
- ASX - By Stock
- HLF
- Ann: Completion of The Healthy Mummy
Ann: Completion of The Healthy Mummy, page-25
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HLF (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.805M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
HLF (ASX) Chart |
Day chart unavailable
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online