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    Fact: Golden Koala sold 266,000 tins of infant formula over 3 years for approx $6 million in revenue.

    Question: Guesstimate of profit margin on $6 million?? I'll be generous, lets say $2 million ÷ 3 years = $670,000

    Fact: JAT have been selling milk products into China for at least 12-24months.

    Fact: JAT have not been able to turn a profit over past two years despite $10 million in revenue.

    Fact: JAT and Golden Koala set minmum sales goal of 500,000 tins of infant formula into china in first year for approx $10-12 million revenue. Lets say $4 million profit of which Golden Koala get 49%? = $2 million profit.

    Fact: JAT will part with $7 million dollars to Golden Koala if all targets are met.

    Question: Where are the significant profits going to come from to justify the predictions of a 20c plus SP
    Last edited by colb: 07/01/18
 
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