That's a really lame example of why the share price won't move over the next 12 months referencing the market cap as your reason. Have you worked out on what multiple the company is trading on at current price then go and have a look at there results from the last financial year with npat growing at 101%. Although all of what I have said is backward looking may I suggest go down to your local shopping centre and check out the stock levels of formula(there all sold out) add to that increasing sales in fresh milk plus increased supply from Synalit. As for your other argument about dividends. Agree they would be nice but please keep in mind from memory management purchased another 8 or 9% of synalit.
Happy to discuss further after you do some research.
Ann: Ceasing to be a substantial holder, page-41
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$6.85 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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