Just want to point out that the market may have under estimated...

Just want to point out that the market may have under estimated the pick up A2 will get with Fonterra also on board next season. They are already co-selling an 'a2' brand under anchor which has massive potential to build on 20% growth in the first half.

I also feel management are being conservative in their forecasts. They know that their marketing strategies are on point and investment here should keep growth at 35-40+% over the next few years, which is contrary to most analysts' predictions of 25%.

It's encouraging to see the growth in gross margins as illustration of the increased scale and this will only increase over-time. Their new products launched only at the end of last year opens up revenue streams not currently being fully factored in imo.