Announcement is positive cash flow, page-231

It may well be that the China market will get tougher for infant formula but I see bubs doing ok if they capitalise with smart marketing.

- they’re often sold out in Coles and woolies
- their shelf level became more visible around September
- there definitely growth scope in south east Asia
- COVID babies will be extra mouths to feed
hospitals are already bracing globally for COVID baby deliveries come 2021.

It will take really poor business management to not make some good money in 2021. They should really take to targeted influencer marketing rather than the Jen Hawkins of the target countries, mums don’t relate to them nor dads

agree with comments here it will be harder to raise money if they crack the 45c floor. In the short term it looks like it will fall to 50-51c and bon around the same until a nice And genuine announcement. Not the same recycled presentation.

They should be profitable by now and look at multi channel sales and gain the trust of mothers to be, who knows if they even see the basics like that.