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.
Buying with “cheap” shares only good for the seller - current...
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Last
0.7¢ |
Change
0.003(75.0%) |
Mkt cap ! $7.657M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.5¢ | $235.5K | 37.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3095214 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 9636969 | 7 |
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| AUK (ASX) Chart |