Completely agree Hotcopter. Hard to understand why management...

Completely agree Hotcopter.

Hard to understand why management haven’t provided an update in over 10 weeks since the half yearly. It’s not like they wouldn’t have a lot to talk about. You only need to do a little research to know from the outside that the company seems to be doing good things (i.e. rollout of Paris Creek products along eastern seaboard (see my previous post) & a range of brand new Maggie Beer products being released in stores, etc).

On a positive note it is pleasing to see large investors such as IOOF & Charles Dobson of Delta Partners using the recent weakness in the share price to add their holdings. The latter held BAL shares during their troubled times last year when they fell to around $4, all the way up to their present highs of over $20.

The other point that gives me hope is that management have a lot invested in this - much more than I do, so it’s in their interest to see LON do well, although you’d think this is a long term play for them. Success isn’t going to happen overnight. The important thing is that they’re laying the foundations now for it to be a longer-term success. Like you I just wish they’d provide more updates to the market on these developments..