well, nothing like trying to throw mud in order to try to scatter YOW shareholders with untruths.
all coming from non-holders. why do you bother?
try getting some facts.
YOW does not sell to Woolies.
Yowie product will sell in Woolies.
YOW sells its product to Universal Candy.
YOW gets paid by UC.
YOW is paid by UC before the stock departs from US.
How UC gets paid by Woolies is UC's problem.
Sure, we can expect that the margins YOW makes on the stock supplied to Woolies will be lower than the US. In Bert's presentation at AGM it was claimed gross margin was 55%. But Walmart returns will have certainly reduced that number. We can bet that margins YOW receives from its deal with Woolies (via UC) will also be way less 55% - sure.
If there are any remaining shareholders out there - be aware of these non-shareholding mud-slingers. Because there categorically are people on YOW forum who have different agendas to genuine holders, and genuine investors. Such as the "outed" litigator based in US who attempted to interfere with YOW business via HC.
YOW Price at posting:
11.5¢ Sentiment: None Disclosure: Held