ROO roots sustainable agricultural technologies ltd
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Ann: Conditional $19m China exclusivity agreement signed, page-5

  1. RNClarke
    1,528 Posts.
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    05/02/18
    23:18
    Post #: 30838843
    At first glance this looked like another GMV style announcement, however ROOs sales targets look reasonable and our distributor is also a direct paying customer of the product.

    The quarterly showed low cash burn so it seems all the heavy R&D lifting has been done.

    If this was announced on another day the stock would have closed north of 50c.
    ROO Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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