PFT
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6.25% 3.4¢ pure foods tasmania limited

Ann: Trading Update, page-3

  1. bcc_100
    1,057 Posts.
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    03/01/24
    11:07
    Post #: 71705875
    I'll give them props for finding someone willing to lend to them at 12%.

    Gross margins of 11% and they're borrowing $1m at 12%. The invested capital position in this business is going to have dramatically change for this to make any sense. They already have $4m in debt.

    Just jamming out more mashed potato at a loss isn't going to work.


    PFT Price at posting: 9.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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