Acorn Capital are usually very sharp and the projected revenues look very exciting. Expanding markets into NZ. Harvesting looks an issue. Flavour and freshness highly competitive. Not too sue about the $5.00 per litre. I tend to buy the large cans of olive oil - the 3/4 litre ones - cheap Spanish oil.
I wouldn't touch it yet apart from marginal trading although volume has increased somewhat in recent months but again Acorn is very astute.
Looks a spec buy under 33/34 IMHO in the short term otherwise I guess she is a buy and hold. Looks a winner and very tightly held - quite obviously an exciting product.
Nice one.
PQB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
