Frm I had another read of full yr result. They paid close to $1 million in interest and this is dropping each month as debt will be nil end of June 2016.
That million will go straight to bottom line result further adding to free cash flow.
I brought some more today to add as agree the AGM should further update guidance, free range production increasing 15% this year which is great for revenues.
Frm once debt free will go for growth so things are looking strong.
I think management should look at selling egg products into china vie e commerce platform as the chinese love everything aussie.
I expect another post agm run up I share price
FRM Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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