I am vaccillating with this stock. I did like the CEO steering the then KTD away from the pure "middle class China IMF" play for geo-political reasons. I am also happy with the current BOD improvement, the revenue growth, and the profitability in its 'infancy',and the upcoming marketing channels THM.
IR leaves a lot to be desired, though. SP has fallen from 13c to 8.2c - that's a whopping 37%. IMO, the management should have put out a statement along the lines of: "HLF and its directors are unaware of any reasons why the share price has fallen (that much)". Statements like these or similar are sometimes required by the ASX - I am unsure about the trigger points. Needless to say, that a statement of sorts would be helpful, regardless of being requested or not.
I will not increase my holding. I suss an "unknown unknown". SP tumble is disconcerting beyond the irrational.
HLF Price at posting:
8.2¢ Sentiment: None Disclosure: Held
