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0.7¢ halo food co. limited

Ann: Appendix 4C - quarterly, page-19

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Slimjim007

1,748 Posts.

109

30/04/20

09:24

Post #: 44341642
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Originally posted by OnTheCards: ↑

I suspect Omniblend may have been a buy as they boasted revenue and profit from previous business, but you never know if they had lost forward or existing contracts for the next year, they may not have been on track to turn over profit or existing sales revenue going forward and that’s potentially why the acquisition was a good one. Keytone dairy used as the cash raise mechanism for Omniblend who may not have been tracking well for the next FY.
I don’t really know, but its worth contemplating.

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If you ignore the figures they expected from Omniblend in the Cap Raise then the growth rate from this quarter looks good. All depends how far back you want to dig I guess.

KTD Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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