not good enough to attract new investors though. I've looked at the investments to date and can't work out why you would rate them?
Farm Pride - eggs wow - commodity product with no competitive advantage that can be defended
Tasmanian Pure foods - bought then onsold so not worth talking about
Diversa - Yep you took a part of the capital raising but can't see the tie in here with the other purchases which have been mainly food based
Capilanio - Can see some value here and this was the main part of the $ spent - but if you like honey just invest in Capilanio directly
Peanuts - well they look they have been to hell and back and are luckly that NAB is so nice to them, yep finished year 1 of a 3 year plan and are selling off assets to pay down debt. The problem here is if they can't get volume then the economics don't work out for them.
Ecoquest - This looks like a dog of a company - would love somebody to explain this one to me.
I get the small base that it is grwoing from, but it just looks like it is all over the place.
Can anybody explain the fit, the skills that these guys bring to the table to justify why I would invest in them?
MCX Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held
