I wouldn't be surprised to see $1.00 being targetted (IPO price) upon another great HY :)
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the problem is the liquildity
Based only on a recent steady improvement in this stocks price , and in view of the growth strategies employed by the only real thoroughbred in the bakeries stable, I would be expecting this undervalued situation to improve steadily too at least the most recent issue price of $1. If they actually declare a dividend?
-d
Looks like they have about the best advocate you could ask for in the world...
http://www.stuff.co.nz/business/bett...gy-rosehip-oil
This likely explains todays rather large rise.
Nice positive forecast for Trilogy with net profit growth of more than 300%
http://www.anzsecurities.co.nz/direc...spx?id=3827582
Someone knew something in advance with the jump in stock price yesterday, but that article in stuff would have also helped.
Nice one. I bought a holding in TIL last week at 75cps, so nice to get off to a good start! Forecast is higher than I'd expected. My valuation currently 97cps - $1.10, but early days and somewhat dependent on whether they look to further kick start growth with new working capital via equity. Also, may be a bit of pipeline fill in Australian sales which could back-off in next half-year?