Haha. I put in an order yesterday. Thought it timely to sample some of our products.
Printable View
Glad I bought into PAZ last week - thank you Percy. Probably paid about 40 cps more than should of but long-time lurker on this stock and I had some confusion with Botryzen.
Great result and very pleased to see continued traction. My feeling is that the forecast for FY seems a little on the conservative side - but happy with that and the under-promise/over-deliver mantra.
Seems they have their ducks in a row with production and future proofing for capacity - which is excellent, and obviously have the knowledge & capability in their processing.
Linking back into the supply chain seems wise - and think I have an inkling on the red meat side, but important especially if seeing continued growth in volumes - need raw material to process. Probably more importantly is the marketing, and has to be best in class (no judgement on this). I look to Blis and believe undoubtedly would have been alot more advanced had their marketing been better. If they have raw material, can process it then just leaves selling it - and those margins will start to get even juicier as volumes increase......
Very impressive buying since the last report was released , 146,000 shares traded today on top of the 350,000 shares traded yesterday, word is getting out that PAZ has a substantial business and one for the future.
Good to see good healthy two way business being done. Makes price discovery for any possible placement a lot easier.
Bought some stuff to help with the algorithm, be a bonus if it works.
From todays ODT. Nothing new and their "staff reporter" didn't have to work too hard, but good publicity.
https://www.odt.co.nz/business/recor...nded-pharmazen
300,000 changed hands today at 60 cents. Agreed, that's the new price benchmark...for now ;)
All good but I am a little confused by the statement:-
We’re actively reviewing funding options to accelerate the process. The ability to maintain a very strong balance sheet through the growth and reinvestment stages provides multiple opportunities and while bank debt will form an important part, the option to bring in a strategic partner is one of several under consideration.”
I am far from knowledgable on these matters and wonder if anyone can enlighten me:-
What would such a partner contribute in product and or financials?
Would it cost PAZ's freedom so to speak?
And of course would the share price go up or be watered down?
Happily I stumbled on Paz years ago at $0.055 cents and after asb killed off the unlisted account, they just sit in the bottom draw.
Cheers