There's been plenty of accumulation at this level and I can see plenty of upside from here as long as the SP holds post consolidation. MW and management have been part of the accumulation over the last few months. Seems they are confident Sean is building Frugl out in the direction that the retailers are looking for.
https://www.asx.com.au/asxpdf/20190710/pdf/446jjx9qg5q2q8.pdf
Great Southern now a substantial holder.
https://www.asx.com.au/asxpdf/20190710/pdf/446jk234qm0g5j.pdf
Golden State also now a substantial holder.
https://www.asx.com.au/asxpdf/20190611/pdf/445r6p3vyv6zz1.pdf
Below, accumulation continues as buys build today.
Below, management accumulation since the last 4C.
And more...........
Whats next?
Cheers,
Jocko.
