Ann: Freedom Foods Group Limited Full Year Results June 2019, page-9

This came up on the investor call and Rory Macleod took it on and said, when you are growing so fast its hard to give a meaningful range (clearly referencing the disproportionate market gyrations when firms get it wrong, by a tiny amount). With over $0.4bn capex over recent years FNP is about to transition into a period of very material revenue (and profit growth). I think its a wise strategy to let the results speak for themselves. (Disclosure: I have bulked up a lot on FNP on the SP weakness over the last 12 months, which I think has been driven by the short termism of the market). I see this one delivering >2xSP growth over 3-5 years, so I'm in for the long haul.