Company in very different position to last year. Better board and ongoing sales. Balance sheet should show a turnaround. Accumulation below 16c is money well spent and if they put ASIC back in their misinformed box then should be moving onward and upward. Am happy to offer my support to Citro as an 'informed' investor.
The ASIC are the ones who need to be taken to task for spooking the market by calling it the product a 'detergent'. Citrofresh products are not all designed to remove oil and dirt - they are biocides. Why would the likes of Colgate-Palmolive and L&K add germ killing agents to some of their detergent products if they didn't think it necessary and then go a advertise this as a 'feature'.
The kill list of Citrofresh products is impressive to say the least.
CTF
citrofresh international limited
Company in very different position to last year. Better board...
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