Sorry: There is an error in the above statements. The growth at the moment is not only e-commerce distribution, there is also a lot of distribution in local food shops/restaurants which is a great recurring revenue. And the revenue stream is actually more stable.
So just based on this chart ALONE, the share price can be accounted for. And of course if the growth really continues like 300%, then... The current share price is really really cheap... But i'm a little more conservative, let's just give them a "safe" 50% growth rate year on year.
What this means is if any of the lupin/oat milk starts adding a few millions to their revenue....
Woohooo. To the moon we go!
WOA Price at posting:
92.0¢ Sentiment: Buy Disclosure: Held
