I think they are running low on cash. the rate of growth in income from organic foods at last report did not seem sufficient to stop the cash bleed. I'm sitting on sidelines, have been watching this stock for a couple of years now. getting close to buying in. I only held this stock for one day, bought at 44 cents when A2 milk was the rage, sold next day at 42 cents when substantial holder notice was lodged. they had sold at 28 cents. glad I exited straight away. but I do think the company is going down the right path towards a turnaround in fortunes, because there's no money to be made in plain old milk.
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Price($) | Vol. | No. |
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