The pure speculation comes from the horses mouth as this statement is taken from Blueballs post on the company overview given from Lodge. It obviously depends on how well cellucreme works.
So you don't think Lodge is above employing a little salesmanship to place the stock? When you work on the sell side your job is one big sales pitch.
"Hey we got this bio that needs some cash to launch some products which will generative positive cashflow within 12 months, then the rest is upside and we can get you in at a 20% discount to market. What do you reckon?"
I'll standby the statement that it is still speculative as to whether POH will be cashflow positive inside 12 months since noone knows how these products will sell. If they do, then where are numbers? Surely lodge has a report setting out cashflow projections from sales? What are POH managements expectations. If the answer is that they don't know and it is too early to tell then how can you be confident they'll achieve a cashflow positive state? It's far from the certainty that some happy clappers would have you believe.
POH Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)