To summarise your argument, Longtable should hurry into China but it's not really worth it because "the door is closing".
Also, you say Longtable should have gone straight to formula from day one and be on international shelves right now. Aside from the fact it would not be physically possible to do that in the 12 months since Longtable acquired Paris Creek, you are in essence suggesting Longtable should have bought Paris Creek to throw out the existing business model and customers and go straight to baby formula at all costs.
Mate, no offence, but I'm glad you are not running Longtable.
LON Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held