re: Ann: Appendix 4C - Quarterly and Progress...
Interesting observation 1C per stubby, assuming the contract brewing to the likes of Matsos makes a good profit, sales to Woolies must be below cost ? OR. The $8+ million capital works expenses ($20+ for the year) part funded by cash flow will not show as profit but will raise the profit per carton to around $6.00. My reading of the financials may be a bit dim so I would like to see some more homework from the brighter boys.
GRB Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
