Does anyone have any idea as to how much $ value in product sales is needed under each contract for RLG to achieve the stated revenues?
I will have a go at tracking the monthly product sales of each Tmall store when I have some time.
I only have a small position in the stock at present but if collective research presents a compelling case, I may look at a material investment here.
I am not concerned about poor or deteriorating Australia-China relations. The Chinese people are willing to pay for product safety and quality (ie. foreign brands and overseas manufactured goods) after numerous domestic food, milk and baby formula scandals.
The sheer size of the Chinese consumer market means that RLG is an opportunity that should not be ignored.
All IMO and GLTAH.
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