Not a surprise given the past few years performance

Halo Food Co. Limited (Liquidators Appointed) (Receivers and Managers Appointed)

ASX code: HLF

ACN 621 970 652 (‘the Company’)

Appointment of Liquidators ASX code: HLF

Notice is hereby given that Michael Korda and Robert Hutson of KordaMentha were appointed Liquidators of the Company and the companies in the attached schedule (together ‘the Companies’) on 30 January 2024.

Pursuant to Section 436A of the Corporations Act (‘the Act’) at the Second Meetings of Creditors of the Companies held on 30 January 2024, the creditors of the Companies resolved that the Companies be wound up under Section 439C(c) of the Act and that Michael Korda and Robert Hutson be appointed Liquidators.

As per our previous announcement David Hardy, Ryan Eagle and Emily Seeckts of KPMG were appointed as Receivers and Managers of the Companies on Friday, 25 August 2023. The Receivers and Managers continue to have day to day control of the assets and trading operations of the Companies.

We confirm that the Liquidators have put in place arrangements to respond, free of charge, to members’ and creditors’ queries in relation to the consequences and progress of the external administration.

The contact details of the Liquidators are:

Oh dear!

it seems someone has noticed that HLF have advertised their manufacturing premises for auction on the 2nd of March. They’ve been issued a “please explain” by the ASX and the answer is a bit of time-saving fluff

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02631355-6A1136385?access_token=83ff96335c2d45a094df02a206a39ff4

Not sure what this does for the credibility of management/board and investment thesis.

Thanks @TEP.

Always look forward to your highly knowledgable input.

I have never got into TA, but realise it must have a place in investing.

Regarding the SP graph and the various points your draw:

• would it be fair to say the there would have to be compression of these ribbons? The only way they could not compress would be if the SP somehow became negative - otherwise the downward slope is going to have to level off?
• This is in no way meant to subtract from your otherwise excellent thesis on HLF!

Thx @TEP. It was so far away I missed it!

Hi TEP

which bubble is Halo? Or am I being dim?