agree... but the visibility only goes so far. At the basic level it comes down to profitable sales growth. And at the moment the numbers simply just aren't good enough to support a credible share price.
Perhaps of concern-not sure-but we aren't seeing a regular indication of new contract wins or sales activity that provides the promise. It's just hope at the moment without validation.
We are operating in a global space where there is supply uncertainty, Russian export constraints and increasing demand for improved yields. These are tailwinds that the sales team should be relishing and capitalising on. Let's see if they can deliver-perhaps it's still early in the story but IMO a very mediocre run-rate in translatable sales so far.
RLF Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
