TSN 0.00% 1.0¢ the sustainable nutrition group ltd

"The fact that two investors have decided that there is some...

  1. Neo
    2,195 Posts.
    "The fact that two investors have decided that there is some benefit in buying up a company that appears to have nothing other than a small income stream is interesting. Sure its not a lot of money, but interesting."

    I'd hardly call 7-8mil a small income stream when the MC of the whole company was less than 20mil, with 10mil cash. Gain enough control and the cash burn should become no more than 1-2 million pa. So it's hardly a surprise the vultures have arrived.

    Just need to announce some positive pr spin on HA/VAST, or some potential "big pharma deal" and then the rampers can join in too. .
 
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