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4.2¢ health and plant protein group limited

Ann: Sale of Ginger Division to Queenland's Himstedt Family, page-30

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dunnomuch

2,226 Posts.

910

09/09/20

06:43

Post #: 47190855
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Originally posted by Artvandelay01: ↑

@dunnomuch

hey mate, i’m guessing your digging didn’t find much of interest or you would have posted already - but figured it was worth checking anyway?

Still accumulating slowly - grabbed another small parcel today. Getting close to the 100k mark now. liquidity still an issue but hopefully we see some more volumes when the sale of the ginger business goes through later this month. There will still be some overhang from the remaining con notes ($10m post $5m repayment for ginger sale proceeds) IMO but with the net debt position improving from ~$25 - $12m Im expecting a little more action later this month

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hi mate, no I didn’t end up investing in this one. I’ll keep watching it but as it stands it’s not what I’m looking for. That’s not a recommendation against it, just I have enough invested in micros and am all out of cash for anything more.

good luck

BUG Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
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