HLF 0.00% 0.7¢ halo food co. limited

That's correct, @JoeyJr. Regardless, this announcement (movement...

  1. 3,387 Posts.
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    That's correct, @JoeyJr. Regardless, this announcement (movement of VC sub 5%) for all intents and purposes signals a (near) end to the HLF shareholder overhang saga. The number of investors I know who have HLF on their watchlist with this as the catalyst for entry is significant. I believe we are witnessing the bottom for the share price at 11c. It is a long way back up to get to fair value! On a 1.5x revenue multiple, we are looking at a $100m market cap versus $30m today (the same figure as the IPO in 2018 when the company was doing sub $2m rev versus $60m+ today!). Buckle in and enjoy.
 
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Currently unlisted public company.

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