MCL 16.7% 0.5¢ mighty craft limited

General Chat, page-35

  1. 24 Posts.
    lightbulb Created with Sketch. 34
    interesting use of words “The business is in very deep shit”
    not sure I agree with you. I do however believe that management has taken on too much and have too many balls in the air. Selling the non performing assets is actually a positive thing. They need to get back to focusing on the Better Beer brand.
    Why they need to focus on their core business:
    Better Beer is on track to achieve sales of over 50 mil for the full year. The growth on this brand has been exceptional.

    The business is a potential takeover target with these sales. Removing the non performing parts should add value.
    A lot will obviously depend on management but imo this is a positive move.

    Not financial advice, just my opinion
    Good luck to all holders
 
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