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0.3¢ beston global food company limited

sorry Mad, I don't understand what your trying to say in your...

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mick z

7,874 Posts.

109

07/04/16

22:26

Post #: 17451089
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Originally posted by madmax101 ↑

I would expect $60mil at a minimum would want between $60-$67 with expectation of around $65. This is based on the $7.2 that was achieved in the early stages and only about 4 months of trading. Plus on top of this there have been a number of distribution agreements within Asia. If that $40mil agreement doesn't end up occurring this share price is going to get absolutely slaughtered and fall well bellow the $0.27 mark. Also of concern is this dividend they are going to pay. As ive said before i believe this to be absolutely stupid for a new company (even a2 milk and BAL) and if they cancel that with a great reason (e.g. major acquisition) this share price will also get slaughtered. Remember market does not like surprise. But the reward worth the risk this has huge upside potential but also high possibility of a take over due to the distribution networks establish someone like Freedom Foods would benefit hugely from the connections BFC have

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sorry Mad, I don't understand what your trying to say in your first two lines in your post.

BFC Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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