BLV 0.00% 1.6¢ blossomvale holdings ltd

impressive patersons update

  1. 3,628 Posts.
    For anyone interested, and contains a very understandable explanation for the small positive cashflow of only $1.5m, which is simply because of a very large amount outstanding from trade receivables.

    Current valuation of 59 cents, based on 8 x Fy2009. This has reduced simply because of the overall market. Previous valuation was based on 10.4 x FY2009 earnings.


 
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Currently unlisted public company.

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