Somone want to explain how you get a gross margin of 19% when they own the brand name? Coles/Woolies would laugh at these margins for own label products that are made on contract.
Oh and look at payables compared to cash balance not to mention operating cashflow for the half. This is a donut trading above any sense of value.
AU8 Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held