ABT 0.00% 2.7¢ abundant produce limited

Ann: Double 11 Sales Results, page-8

  1. 168 Posts.
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    I have to say upfront that I don't know anything more than you about this deal. I believe that multinationals, when dealing with small caps get exactly what they want.

    That could mean a good deal for ABT if this one is greedy but ethical. or if greedy and unethical , just being diddled around until ABT burns all of their cash so what is on offer can be obtained in a fire sale.

    Predicting revenues is like a lucky dip from what we have in ANNs.

    Commercialisation was supposed to be over 2017 and 2018. No signs of any traction yet though.
    Cucumbers tested with a global company in early 2016.
    It took over a year after this to sign a deal (signed mid 2017).
    Commercialisation 2017 and 2018 but revenues are very small to date. 4C receipts were low- under 10K for last 2 quarters.

    It doesn't look good so far imo but it is too early to call. I think we will know a bit more in a year or two. Looks like will need a CR to get to that point though.
 
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Currently unlisted public company.

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