I hate seeing this - I actually think the food sector on the ASX is as risky as the mining sector nearly!! but yes this was little more than a concept stock wrapped in a sustainability theme
I have plenty of sympathy yes, aas you are talking to someone who had their daughter in freedom foods, had greens foods years ago plus another couple that went broke or close to it - (a little one called Allied? ) ...that was in cereals etc and not the big Allied - I also suggest a daughter buy these but thank goodness she got out with a good profit at $1.40 odd!
i have plenty of other food stock hard stories but wont make the post too long - Beston another I am pleased I sold before the big decline, as was Olivers foods -another trendy organic or vegan thing
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I hate seeing this - I actually think the food sector on the ASX...
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