ok I have not seen the remaining 3 pages of the article that makes sense why they have 420 employees if 180 is handpicking the nuts....but anyway they still should raise capital for expansion and debt repayment rather as it is slowing the company growth.
I have seen more new macadamia product varieties on their fb website, I guess this is the part of the expansion, they must be so busy they dont have time to update main website...
I still think the revenue for FY should be around 90 milion up from 70 mil previous year...
40 mil H1
30 mil macadamia (6000 tonnes Hawaii harvest x 5per kg)
17 mil ginger H2 up from 15.6 in H1 thanks to liquor and global sales.
3 mil park
very doable and conservative, all IMO. We should see the profit out of that H2.
BUG Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held
that makes sense why they have 420 employees if 180 is handpicking the nuts....but anyway they still should raise capital for expansion and debt repayment rather as it is slowing the company growth.
