With Norman Li on board everything points to China investing in FOD to supply China. Without a doubt, FOD are betting the whole farm on China. Supply to Aussie shops is peripheral and long term irrelevant. IMO - The big ticket item is to expand supply of Premium Fresh Orange Juice (NFC), not frozen OJ concentrate (FCOJ).
Kombucha is a tiny market for hipsters and wellness bloggers.
Here's a link to an interesting article from 2017 about demand for Juice in China. Sorry i could't find anything more recent.
http://www.fruitjuicefocus.com/china-fruit-juice-market/
Juice exports to China
Share price updates, page-15
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $47.40M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $4.802K | 30.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72525 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 232387 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| OJC (ASX) Chart |