2013 numbers in the bag when they IPOed.
That's how these things work.
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We have a craft beer industry here in Nelson and several pubs that sell only craft beer. They are popular by quite a significant section of the population here, mainly being young and middle aged trendy people. I visit some of those pubs on occasion and have been looking out for Moa. Yes you see their beers in some of the pubs but they are very low profile and don't appear to be big sellers. So I think Gaynor is absolutely right that just bringing the marketing in-house will not on its own solve their problems.
Heading down to 60 cents by the time Milford finishes their selling ....
Oh to be able to short this stock and beat Milford to it ;) :P
75 cents today and still no bottom in sight.
Likewise, Ross's other creation, Ecoya, is trying to hang on to 73 cents.
Looks like Milford wants out of both?
Don't want those ugly red negatives in their investment portfolio next reporting date?
Looks like it Balance. Its quite sad really to see the demise of this company but I know if I had some I would be selling out before the price reaches 60 or dare I say it 50 cents if the status quo re sales and profitability remain. Its so easy to spot Milford drip feeding their shares but having to go lower and lower to get the volume they want out. I hope Farmer Hamilton has cut his losses because I only see one direction for this firm.
Agree with janner here. Its not intersting at all. It's pretty much the only option they have left to try and instill some confidence in the company and keep the shareprice at near respectable levels. Hoping to get more punters to buy this way is the strategy I think but I do not think it will work.