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2.1¢ pure foods tasmania limited

Hey @RuinAndWings100,PFT "pure, fresh & clean" My take "pure,...

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06/02/21

21:16

Post #: 50767102
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Originally posted by RuinAndWings100: ↑

Mate, this company could be worth $10+ in a few years. It's new, it's making a name for itself and yes it's a small cap, they're volatile. Give it time, and stop down-ramping with literally no basis.

Yes, there are many ready made meals already out there, but honestly the vegan / vegetarian / fresh and healthy options are limited, so PFT is primed well to meet evolving consumer demands. Yeah, the world wants ready made meals because we are becoming increasingly time poor, but the majority also want healthy alternatives and more and more of the world are becoming conscious of what they put in their bodies.

Tasmania itself has already done the advertising; "pure, fresh, clean". PFT is primed to capitalise on that and consumers will likely eat it up (pun intended).

This company hasn't even been listed for 12 months yet, and if you were here to make a quick buck, well sorry you missed out on buying the low and selling at $1.60. But this is a company worth holding for 3+ years as their growth will be incredible over the next few.

If you really believe you've been "meme'd", sell, acknowledge a loss and go somewhere else, but stop down-ramping for literally no reason.

Look into the fundamentals, this is a great small cap.

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Hey @RuinAndWings100,
PFT "pure, fresh & clean"

My take "pure, fresh & Tasty" and yes the share price has corrected from the high of $1.645 on the 16th October 2020 but what a run it had from the low of .18c in May last year.
Many new investors may have got caught up in the hype but the business fundamentals are good so one must be patient for SP growth correction.
ST

PFT Price at posting: 84.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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