Spot on @Waiting4Godot
People keep saying organic, but its the biodynamic certification which is the huge point of difference here.
I have a bit of experience in biodynamics and let me assure you that certification is very difficult to obtain, and even harder to maintain, particularly on a farm the size of Paris Creek!
I did query management re IF a while back and this is what they said:
"At this stage our production facilities are not capable of producing milk powder "
Now to me that says "that's the plan once we build brand recognition and sales".
The Longtable Group will be a star performer in the back half of 2018 and into 2019 imo.
I took profit at 6c and looking for a re entry in low 3's, but medium to long term anything around these levels is good buying imo.
If they can increase sales on the East Coast and double or triple their profit...well it makes the current market cap look pretty small.
Good luck
LON Price at posting:
3.8¢ Sentiment: Buy Disclosure: Not Held
