Buying with “cheap” shares only good for the seller - current shareholders only get diluted.
I’ve never seen a business like this being sold on a valuation based on turnover highly unusual to say the least. As for the honey itself I think honey in general has known medicinal benefits - Manuka honey is well known not sure I’d accept this honey is anything extraordinary.
Ann: AuMake Develops New UAF Certified Honey Brand, page-8
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $15.42M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $11.47K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 13896605 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 533000 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AUK (ASX) Chart |