There is never a zero chance. Their own words have been consistent: they are looking for acquisitions. It’s either debt or raising capital. And there is no guarantee that the sp will rise. You can’t magically go out and get people buying expensive dairy products.
If they look to infant formula could be a chance but that will need capital for infrastructure.
Finally beware if interest rates rise. Less money in people’s pockets means tighter budgets and $3 milk not $7!
There is never a zero chance. Their own words have been...
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Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.43M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13152 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 15000 | 1 |
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| Last trade - 16.12pm 08/05/2024 (20 minute delay) ? |
| MBH (ASX) Chart |
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