Ann: Halo Food Co Acquires The Healthy Mummy, page-42

Feel for your losses on this, @Rpmaint. At IPO you paid a circa 15x revenue multiple for the business (circa $2m sales v $30m market cap). The business now trades on a 0.48x revenue multiple (circa $80m group sales v $38m market cap). That's a major deflation in the valuation multiple. Highlights the importance of price. But we also can't take away from the fact that up to this point, management has failed on delivering the #1 goal, which is share price appreciation. I hope you can make it up elsewhere (if you have sold here) or ride out a turnaround here. Good luck!