$20 million in annual revenue could be provided if even one decent sized chinese cosmetics company decides it wants to tap into the massive halal markets on their doorstep and need ovicoll to do so.
and when you look into the other applications and industries cau plan to sell into it is possible to imagine cau expanding its sales base by this amount annually for the next 10 years - which would leave the sp at $2 plus.
and this is exactly what all the asian money men who have suddenly decided to colonise this previously anonymous perth minnow must be banking on. the billion dollar question is what has given them the confidence to move so much cash into cau in the last 2 months?
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- sales to china exceed 20k dollars june quarter
sales to china exceed 20k dollars june quarter, page-9
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