GREY:NEPTF - Post by User
Comment by
Investorguy1234on Oct 14, 2016 3:15pm
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Post# 25344879
RE:RE:RE:Nice results yesterday, the drag is Acasti needing funding
RE:RE:RE:Nice results yesterday, the drag is Acasti needing fundingI read all that as well. I expected the revenue to be around that number but it's the inability to make a profit based on the increased sales that has me puzzled. I'm surprised that the analysts didn't ask the ceo or cfo when the company was going to turn profitable. As for Acasti, it's quite simple. If I wanted to own Acasti I could buy their shares. Neptune needs to discard them as soon as possible.
I guess I was expecting more from their conference call with respect to the growth of the company not just double digit gross margins.
GLTA