Ann: June 2022 Quarterly Update and Appendix 4C, page-7

Not cocky, as you stated in other posts, wait for what the company has to say and assess - and I liked what they said is all.

Considering every main stream media has some economist telling us RBA cash rate will be +2.5% by the end of the year (not long after saying we will have low rates for another couple of years - And that is not just Governor Stevens, they are all guilty of it)... And this has been going on for the whole quarter, doesn't seem that drinkers have been scared off just yet (but it might come which is more what you are alluding to - fair call).

But, I don't honestly believe that the domestic market for Lark are that exposed to IR moves (i.e. younger, recent entrants into the property market who are up to their eyeballs in debt). They are probably on the other end of the spectrum, +50yr olds with, limited debt, bout a house in the early 1990 / 2000 and this has gone up 40% in the last 18 months (okay might go down again) , maybe have some property investments and have seen their rental income jump 10-20% in the last 12 months.

Who bloody knows right. I am in my mid 30's with plenty of "disposable income" and I don't buy premium whisky... I would love to, but i'm cheap.. haha.

At the end of the day what we do know is Sales are up, NSR was maintained and GP% (not disclosed) was probably pretty strong too.