PFT pure foods tasmania limited

Ann: Re-issued Financial Statements, page-4

  1. 4 Posts.
    Doesn't look to be a new CEO but non exec Chair has now taken the reigns as an Exec Chair and is calling the shots.
    I don't see any new cash injection from Board/Exec ... i think they're at their limit tbh.
    My callouts are:
    1. they've moved to a sales brokerage model ... means less gross margin
    2. they've reduced significant white-collar labour cost ... great, but where's the leadership f&b experience
    3. no assets, except for key equipment which are all asset financed anyway
    4. no money to address current inefficiencies
    5. no immediate ability to be self-generating
    6. no interest from the market in buying grossly underperforming business segments, they prefer to wait for a firesale

    So, once the CBA finance extension falls within twelve months again, listing rule 12.2 will be breached, and yeah/nah ... we're back to where we are.
 
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Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $2.246M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $465 29.05K

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No. Vol. Price($)
1 147320 1.6¢
 

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Price($) Vol. No.
2.0¢ 269338 5
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