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30/12/16
11:46
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Originally posted by bendigo
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Agree
I don't want them expanding by buying other craft beef businesses.
Maybe you're be a bit harsh re their surplus capacity.
As it turned out, overly ambitious, but they probably expected at the time, to fully use it.
Hindsight!
But the good news as I said.
They have the setup to increase production without any
significant capital expenditure.
But for increased sales,
it's all about their marketing.
Increasing their brand awareness.
Creating demand.
Getting product on the shelves in more outlets.
And also on tap in more outlets.
It's still a bit hard to find here in Victoria.
Will be following closely the next few reports re sales / volumes.
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Thank you for the fundamental part of the story. The technical side shows clearly that there is a slow accumulation in the stock pushing the SP slowly for the past 2 months.
irynka