HCT 0.00% 1.5¢ holista colltech limited

https://www.holistaco.com/pdf/annual-reports/Annual_Report_2019.p...

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    https://www.holistaco.com/pdf/annual-reports/Annual_Report_2019.pdf

    Anyone thinking the management are sitting on their asses doing nothing, need to take a good look at last years annual report.

    Slight 5% decline in revenue but over 50% reduction in net loss

    Loss per share reduced over 50% from -0.78 to -0.29

    Holista Foods revenue increased 500% over previous year

    Collagen revenue increased 100% over previous year

    Other revenue channels/deals made (last quarterly proves income)

    And that’s just a few things I took from the P/L and board commentary

    I agree, it’s frustrating not seeing a little red exclamation mark pop up in the announcements every other week, but they are obviously moving in the right direction and I believe that will become even more apparent in the next couple of quarters.

    I don’t need to know the board members personally, I trust in their competence from the demonstrated quality of their outcomes.

    Kiwis prediction of a massive rerate is on point afaik

    And patience will pay off in multiples IMO

    DYOR


 
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