As I understand, from what was mentioned on completion of their capital raising, they are looking to have at least 20 stores (they say minimum so who know how many they actually intend to roll out) and they are looking at further product acquisitions, including milk formula. Not sure what kind of milk formula company they could acquire but they must have some prospects or options since that is what they said they raised capital for.
Next report, let’s hope there is continued growth, and that their expansion plans run well.
AU8 Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
