Some particularly interesting statements from the * interview.
“We are targeting the 2,500 or so premium retailers in the US in the first instance and expect around 10% of this market in the next 12-18 months,” Ms Halasz said. The company says even if it just secures distribution through 25 US stores, this could result in more sales revenue than the entire Australian market for its products.
This suggests a massive increase in US revenue is expected over the next year or two.
And the elephant (China) is just waiting at the door ready to enter the room.
CDY Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held