Even though the latest capital raise was not hinged on getting an approval from SAMR and was severely discounted from the share price at the time. The last two announcements were not specific to getting this approval although one does relates to IF volumes WHA is playing in the standard cows milk and organics space for that market. One the domestic front their current play is to secure the organic milk supply land own the supply chain from inbound of ODFC to outbound of finished product from a yet to be built milk processing plant. Lets ignore the Vietnam, India and other non-chinese Asian market they are eyeing off.
Still think the share price will plummet?
Executive Series 26 Jun 18: Wattle Health Australia (WHA) CEO, Lazarus Karasavvidis, page-95
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