Flavours Fruit & Veg has been generating losses for the past three years - 1.1 million this year. I can only view their purpose for listing on ASX is to evade taxes. There is no information about their operations in Australia. Also, their company structure and distribution process dont make sense at all.
If they really generated 20% profit from the 100 million revenue with eps 30c, how are they still sitting at 40c? when BAL and A2M (I know different sector) were generating eps 5- 10c and trading at $7 and $4.
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