Ann: CBDG Secures First Ever Organic A2 Fresh Milk Supply, page-21

How did the Goat range sell last year/ this year ? That was also supposed to be a brand developer and penetrator.

Given they’re supposedly selling standard Cow formula at $20 a tin wholesale where is this range priced?

They have supposedly secured supply so what’s the market rate for this range. A guide on margins, pricing, forward estimates and budgets is appropriate given they are a publicly listed company on the ASX 200.

On the surface it seems like another good announcement, the detail and lack of it is the only real concern.

It seems to me that they like to announce regularly that ‘we’ve got another product that we think we can sell’ but don’t provide anything further as to how , when and if there’s any profit in doing so. I guess management and the regulator see this as a secondary consideration.

Current and historical sales figures over 8 years suggest they haven’t been able to sell any product range significantly
for a significant profit.

WR