this is a fair assessment thanks for your contribution
I think coming to the market with a 10% vs 30% cut proposition, and access to a global wholesale market, is just a no brainer. Dean and team are well connected so I’m sure this will be flexed.
the company may never reach profitability. It may smash margins so low that it soaks up enough market share for a bigger whale to consider buying the company. At that point it’s not the value of the company based on its 4c (as the accountants here like to focus on) but the value of the customer base wine depot would have acquired through aggressively pursing market share at the detriment to profit.
this is a buyout play not a long term business IMO. And its potential is large.
(20min delay)