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My Food Bag board reassures investors after pipping forecast financials

The company share price has dropped from $1.85 to as low as $1.44.

The board of My Food Bag says it is conscious of the company’s poor share price post-IPO but wants to reassure investors it is a “very high-quality business” after beating the financial forecasts laid out in its prospectus.

My Food Bag, which in March became the country’s largest NZX

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Hamish McNicol Fri, 21 May 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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My Food Bag board reassures investors after pipping forecast financials
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