Appreciate your expertise in infant formula business. I share similar opinion with you about most of your previous analysis. You are doing a great job at reminding us the risk. Then again every business has its risk, nothing is guaranteed.
But calling the joint announcement misleading, are you saying that Golden Koala is lying on their official website? And it's in English, not in Chinese:
''A joint announcement made by GOLDEN KOALA GROUP PTY LTD, TATURA, JATENERGY LIMITED (ASX: JAT) AND NUTRITIONAL CHOICE AUSTRALIA about working together to build Golden Koala baby formula brand in early 2018.''
http://www.goldenkoalagroup.com/index.php?m=News&a=view&id=37
It's still early in 2018, we might get some information about this in genermal meeting. We might not get an answer from Tatura because it could still be in the process.
"maybe it's just the whole town of Tatura that supports them'' haha I had a good laugh
keep up with the good work. It's legendary as long as we are making money.
GLTA DYOR
Joint announcement, page-9
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