WOA 5.26% 1.8¢ wide open agriculture ltd

Ann: $5 million grant for production of Buntine Protein oat milk, page-17

  1. 24 Posts.
    This hasn't aged well. Using the "trend is your friend" cliche and a sum of all the assets Germany, cash, DCF deliverables, with discounted cash flows, it is hard to arrive at a company valuation over $5m. That is about 1/3 of current mkt cap, suggests to me the trend is down maybe to a CR at .02-.03.
    Just goes to show that regenerative is what all farmers do and trying to sell it as a form of evangelism does not go well in commercial markets.
    Every company needs a good board to call this stuff out and reign in rouge CEO's that use spin!
 
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Last trade - 15.55pm 14/06/2024 (20 minute delay) ?
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