Somewhat surprised to see the share price come back again given they are coming out of winter and sales figures are expected to show a substantial uplift through new and existing channels.
Maybe the small placement of $200k at 17 cents has driven the on-market discount which would indicate no further decline expected but the volumes make this a hard call.
Still underpriced at this point in my view.
Ann: Fertoz sales contracts now exceed 10,000 tonnes, page-8
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