My take is that they will still be buying out more argriculture businesses in Tasmania. But as soon as they say "well, looks like we have enough on our portfolio" and focus on expanding, that's when they will show some serious incoming money.
IMO this company is well geared for the future, where Gen Y would be more concerned about where their food is coming from, sustainability as well as animal welfare. High end restaurants will be hungry for premium produce. And knowing that the business initiated by Rob Wolley, that takes away most of my worry.
I feel that market cap of $27mil for this share is way way low. Company is already generating ~$25mil of revenue this year. Combined with its growth potential, I wouldn't be surprised if share price jump 10 times, to a market cap of $270mil, in like 2 years time. Happy to hear what others think.
I'm getting in soon, and it will be a good long hold for me.
Dyor Glta
TFL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Not Held
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