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4.8¢ roto-gro international limited

Ann: Response to ASX Query, page-17

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SorryNotOZ

1,181 Posts.

410

12/08/18

13:40

Post #: 34883226
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Originally posted by johnp12 ↑

Depending how the product is packed, transported, marketed, displayed and sold, the grower can normally expect somewhere about a quarter to, at most, a third of the retail price.
Unless Roto Gro can command a monopoly price through having a unique product ( possible, but it won't happen overnight and without big advertising bucks), I wouldn't have thought this equation would change much.

If their costs turn out to be less than other suppliers, then they'll be onto a winner, but that still has to demonstrated in practice

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Your thinking is wrong IMHO, you're projecting current conditions/trends in the future. Glyphosate scandal starting to hit the mainstream and globally. Demand for clean lettuce will explode. Traditional/ cheap lettuce will be left in the dust. If Hydroponic farming stays clean and organic, this will be a HUGE WINNER.

https://sg.news.yahoo.com/glyphosate-under-fire-san-francisco-sri-lanka-132906483.html

Last edited by SorryNotOZ: 12/08/18

RGI Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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