RE: 2018-2019 Revenues on the increase28 Oct 2018 15:28
Well we are in a period very shortly after a fund raising, which appears to have been supported by a new major holder. Other than that there has been little volume either way, the last buy of Friday raised the Ask but left the Bid where it was. how you view that is probably the key. I've added modestly, main funds still being diverted to a property requirement.
The link posted by sphinx is highly relevant IMHO, apparently Chinese companies have now bought all but one of the major health product retailers in Oz, and of course H&B changed hands not so long ago. The resources poured in to Fruitflow AT NO COST to Provexis is considerable, and By Health have proved themselves capable of marketing new launches in a very bold, ambitious way. By Health shares are soaring, they are on a massive uptrend, giving them the financial clout to really boost sales, and to buy up brands. Their own scientist is a Provexis trained man, his links to the science and the key scientific people is top rate. They do need time to implement the "proven in China" strategy to achieve top status in regulations, that may argue for a no hurry approach if you think there is nothing else happening. H&B are capable of aggressive marketing, those who misunderstand their marketing do so deliberately IMHO. So Fruitflow + has two shots at growth, H&B and USA online launch.
Revenues need to grow, there are several factors that could achieve that. If the growth becomes "many multiples" then clearly breakeven and profit lines could be crossed quickly.
Some believe it can happen, some don't, all a matter of personal interpretation
I'd encourage others to take up some of IF's time to run over the important elements of the last update, the man has an immense knowledge of the various key factors.