Does anyone actually still think this is a good investment?
It is way overvalued in my opinion and no where near profitability....
Sale of the farm is a huge red flag, and they are up against:
- Increasing excise
- Consumption decline
- Huge competition
It's looking very unlikely that they will survive long term but happy to hear the opinion of others on this forum.
Ann: FY24 Q2 Quarterly Activities Report and Appendix 4C, page-7
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