Sellers beware of downrampers.
It makes no sense, I mean the company is within a bees willy of recognising the fruits of its contracts with more on the horizon.
The quarter was great, and only 10%-15% off a company record for that matter.
China was pretty much written off as never going to happen (given recent government tensions), but unexpectly commences.
Blackmores order is more than likely to be filled the current quarter (Jan - March) which will be quiet substantial.
Some of the online retails (Mr Vitamins etc...) are running low on stock or recently sold out over the last week. My Coles is sold out of sleep and Calm over the past 2 weeks. This means a retail restock will also be due.
New CEO about to be announced. Potential for new contracts, USA etc... I could go on and on.
Ann: Appendix 4C Quarterly Activity and Cashflow Reports, page-28
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