This 4C update is demonstrating commercial acumen and what a good business should do. Focussed on generating high quality dairy product mixes with higher margins and building a long term sustainable business for shareholders and the founders
The new manufacturing facility is tracking very well.
Quarterly cash burn is ~$1.1m per quarter with ~$11m in cash in the bank. Which shows tightly managed costs and expenses.
A business that is very well run
KTD Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
