Currently $12m mcap and a $7m farm about to settle to bolster cash reserves. I estimate around $22m assets remaining. They are losing money however. Recent cost cutting initiatives wont go that far however something interesting identified on the chairman's report. "We are taking a proactive approach in seeking synergistic consolidation opportunities. We have identified and are currently evaluating potential arrangements". https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02744145-3A631539
In fact this has been mentioned as a key initiative fy24 across multiple releases
Technically the bullish divergence and accumulation is compelling. Fundamental shifts would have to align. However make of this what you may
Imho a very interesting risk/reward proposition. Dyor
AHF Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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