Is it possible the market is waiting for the second tranche to be approved thereby releasing the considerable amount of funds to be applied to expansion, Japan Pharmacies, Fillerina in Aus and NZ, more retail in the US and a possible double whammy in China with QVC and Fukangren in the near future.
Had an interesting bit of an add up recently of the premium retail stores in the US, including Ulta and Sephora.
Came to 2501 based on last years figures.
This was the figure that was bandied about earlier regarding the US upmarket retail sector so it looks as if Ulta and Sephora are on the books as candidates for further distibution.
CDY Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held