FFF 0.00% 1.3¢ forbidden foods limited

IPO FFF, page-18

  1. 181 Posts.
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    Agree WOA has a lot of potential, but they're still just researching plant based products like the Oat Milk and Lupin Protein Ingredients - with a few Oat Milk brands and alternative plant proteins also out (they pointed to this in their latest release), WOA still need to commercialise and hit the market/build channels to see how they even sell. Looks like FFF have developed these plant based proteins/fibres, been in the space for some time and are in market locally/overseas, so would appear much further along as a trading business with immediate growth potential - Probably could even release what WOA are doing too! Baby foods will send this to $200m in 12-18 months I reckon.

    Also looks like the offer closed yesterday a fair bit earlier as the automic offer link is not open to bids and site saying this:

    'Thank you for your interest in the Forbidden Foods Limited Initial Public Offer. The Company would like to advise that they have received strong interest in the offer, and as such, in accordance with the terms of the Prospectus and Corporations Act, will no longer be receiving bids while they review spread requirements.'

    Hopefully not much of a scale back for us all!
 
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