PFT 9.38% 2.9¢ pure foods tasmania limited

MC I feel was over bullish which lead to the $2 target price by...

  1. 9 Posts.
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    MC I feel was over bullish which lead to the $2 target price by Christmas, it was based on the expectation that everything was going to go right which it hasn’t. I feel like a more realistic TP would be $2.5 by EOFY when we see potatoes, beverages and meal solutions become reality.

    I am not complaining, in fact this is probably a good thing because it did reach $2 by Christmas then we would probably see a BRN like situation. Let’s not all forget it was 20c just 6 months ago and now it’s 1.1.

    This is a company which I believe in, let’s hope my belief is rewarded.
 
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