PFT 0.00% 2.1¢ pure foods tasmania limited

Ann: Trading update, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,292 Posts.
    lightbulb Created with Sketch. 262
    Trust is slipping away however, having watched PFT SP decline over recent times.
    One has to question, Is it being ground down with a bigger picture in mind?
    Look at TFL, the price there has changed little over time and look who is now the largest stock holder.
    Hers truly, Jan Cameron.
    A lot of people have an opinion on JC, they forget the successes JC has experienced.

    Let's think about it, both companies operate with an approximate market cap of $35m and both have their niche markets. Also there's some similar and complimentary products produced as well.
    Currently PFT experiences a x5 SP (but declining) of that of TFL.
    As the world grasps at clean green, would now not be the time to "merge" PFT & TFL into one?
    Upsides;
    Reduced carbon footprint
    Heavely reduced overhead costs, sure some managers scphincter will be twitching when that's mentioned.
    As we know, correctly structured and well managed companies will survive the current climate.
    Consolidated head office
    Better purchasing power
    Overall operation streamlining, better value for SH's
    Both have cash available, if required.
    You are getting the gist by now.

    I'm not from Tassie and not sure if it's like Northern and Southern Ireland there, if not then working to common goal, surely has to be seriously considered.

    Look forward to seeing the next quarterly and where PFT ends up from there.

    * I also hold TFL.
 
watchlist Created with Sketch. Add PFT (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $2.563M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 600000 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 123572 2
View Market Depth
Last trade - 16.12pm 04/10/2024 (20 minute delay) ?
PFT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.