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01/05/22
04:45
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Originally posted by TripleTop:
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Agree, last chance at these levels I feel for what could be one of the better performing stocks on the ASX for the next 12-36 months. Few in this space are starting to show a turnaround- FOD one example. 4C for me was much as expected. Timing issues reasonably well explained by Management. Plenty of available funding c.$16.3m post acquisition (1/4) will see us well into group EBITDA profitability. Looking forward to seeing THM delivering as promised, further growth in Halo and the SP start it’s recovery. Remember, the recent acquisition was at 11.8c, oversubscribed raise at 10c and just SPP at 6.8c. One positive of the “timing” issues is that FY22 will be worse for the benefit of FY23 - we should hear that the NZ related PS will therefore not be converted and will expire soon.
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Once the interest rasing start as early as next Tuesday. Watch the revenue of THM very closely. I think those protein products are it's going to be the first few things those mums cut down.