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0.7¢ halo food co. limited

"However, the current management is not keen buying in the...

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Kass93

199 Posts.

82

16/11/21

14:04

Post #: 57612368
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Originally posted by slingz: ↑

I spoke to management recently, the share price movement was impeded by previous owner due to different directions the current CEO wants to go. They refuses to sell in block in the market hence it is a revengeful play by them against the company, who knows if they are lucky they might get the company back.

However, the current management is not keen buying in the market themselves but expect business to improve as the canning line expenditure is finished.

The company is right strides but lack of profit is the key. Talking about EBITDA is futile except for accounting gimmicks. Let’s hope Vivienne will finish selling next few months with better business news coming.

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"However, the current management is not keen buying in the market themselves but expect business to improve as the canning line expenditure is finished"

lol doesn't this raise alarm bells about buying shares into this company if the directors wouldn't? Why would they with all these incentives and high wages they've been earning absolute joke

Last edited by Kass93: 16/11/21

HLF Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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