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Ann: Completion of The Healthy Mummy, page-27

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Gman70

543 Posts.

127

17/07/22

09:31

Post #: 62572657
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Originally posted by T.E.P.: ↑

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.

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Based on the quality of the CFO's due diligence credentials does anyone remember Super Cubes and how well that is going for us as I am sure the same due diligence would have been applied to that purchase as well

HLF Price at posting: 5.3¢ Sentiment: None Disclosure: Held
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0 Great analysis

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