RE: Accounts update20 Jul 2024 11:29
I do think that this company could be a Takeover target, just looked at results again. Health and Wellness returned positive EBITDA before. I know some will say the administrative costs were not included. But revenue has increased, yields have improved and further improvements identified.
Losses have reduced scrap costs have reduced.
Revenue increasing, costs reducing,losses from loss making parts of company stopped.
Cash in bank increasing, market cap £9m+.
Still cheap, who has buying as I said before, individuals or a group of people. Surely we will find out this week.
Just picking my selections for racing today. Bit difficult but I'm hoping to find a couple of winners.