I have no doubt that LON's end goal would be expanding into China, with multi-prong products, premium foods and baby formula. China's demand for Australian quality products is without a question. LON is building the brand, MB already is an internationally recognised brand. Paris Creek is an SA recognised brand, while St David's Diary is a Melbourne recognised brand.
Its a longterm game. I mean its not like management is sitting on their hands. They are acquiring new companies. releasing new products and expanding into different regions.
Like I said I have no doubt their end goal is to market baby formula to China.
LON Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held