Chart, page-390

61c is the target based on gapfill,

But someone posted up some data on IPO stocks in the Milk powder game and 8/10 of those hit 10 bag of its IPO listing price within 2 years. So that implies 80% chance of a $2 target within 18 months.

KTD is building another factory to go from 1500 tonns to 5000 tonns production per year, with options on 3 other blocks of land to build more factories.

So the ambition, and the intent is there, as well as the demand growth, So under 50c it probably has a good chance of 400% upside within 18 months. The risk/reward seems very positive.