EVE 0.00% 0.1¢ eve health group limited.

Good attitude, unlike Barnes who dumped all his stock I just...

  1. 1,196 Posts.
    Good attitude, unlike Barnes who dumped all his stock I just free floated and took a little profit at 3c. I believe in the potential of the organic honey market and Australia being one of the last places without bee disease is certainly a bonus. The chance of disease reaching these hives is also limited because Organic producers do not move their hives to farms etc to pollinate, so that's a plus.

    The experience of the people involved is also high, I just believe that this one will take more than 3 weeks or 3 months to justify the massive price increase that was driven up by market hype around hemp and cannabis sector. 2018 or early 2019 is where I believe Eve could see solid numbers, Capilano with a $10m profit is at $175m market cap, factor in Omni if it gets to $5-10m in profit and your looking at $300m or so. But all that takes a lot of development, things going right and time. The base honey is where I think the bulk of the sales will come from in the short term and that has to be taken well by the US market.
 
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