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2.5¢ yowie group ltd

Ann: Australian Market Update, page-149

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AllFuelledUp

4,783 Posts.

149

25/07/17

13:55

Post #: 26064675
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Originally posted by AllFuelledUp ↑

Great spot, great booth set up. As hard as I try with this one I can't overlook that the toy is boring, it is overly expensive and repeat buyers will be minimal. For sales in Australia, it has a bigger leg up with the nostalgia factor but price is too high for repeat factor. Plus the toy is boring. Its a molded blob of plastic

I am still surprised its valued so highly. Could very easily be a $35m market cap company. People projecting growth that I do not believe is coming. That said, I'm sitting by with the finger on buy at 30c if I see green shoots. If not I agree with @rfc it may test 20c

I forgot, can anyone remind me if the Australian product uses the chocolate Australians like to eat (Milk) or the foul Hersheys style chocolate that Americans like that Australians for good reason won't touch?

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FWIW I did not buy at 30c, I will reset the trigger to 20c just like I said months ago

YOW Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
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