They were cashflow positive in the second half, debt refinanced, non core assets to be sold over next few months - in the books at $12m, after impairment.
As a new shareholder, this is a really attractive turnaround situation and a multi bagger if the NZ/AU milk price differential eases off.
Sales $170m. A big business for a market cap $16m.
They were cashflow positive in the second half, debt refinanced,...
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0.3¢ |
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Mkt cap ! $5.991M | |||
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