More than good I reckon. Their cash position is a little tight, but the steadily increasing sales and margins should take care of that. They really do seem to have turned this ship around, quarter upon quarter.
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With my new found enthusiam for treating my investment rule book as more of hindrance than a help I have taken a modest stake in Blis. I have long wanted to.
It took two goes.
On my first attempt my attention was diverted by the arrival of breakfast, which is very important, and I entered my buy price at $4.2 instead of 4.2c and the brokers wanted clarification as to my intentions.
But breakfast is done and fortunately I can still drink (a very nice Philippine) coffee and trade at the same time.
We maybe over estimating the naivete of the Leopard. A change of stripes to spots suggests a level of sophistication that just might undo our cunning plan.
That given, it's nice to see someone of the Leopard's wit, charm, intelligence and general magnificence on board the BLT wagon. Things can only get better from here, unless of course they don't.
More good news from Blis, Probiotic product of the year in Australia for ThroatGuard, in the first year with the new distributor.
https://www.nzx.com/announcements/344803