$11 tomorrow, page-14

I disagree. The Synlait facility upgrade was only finished late last year. It takes 3-4 months to produce IF - so any additional powder ordered with the increased capacity will only be hitting the shelves about now. Also, obviously a2 are not trying to meet demand for IF in a hurry- they have been incrementally increasing their orders through Synlait over the last few years to manage the inventory and growth rates responsibly (and to maintain the premium brand status I guess). I think they will be looking increase profit and revenue roughly in line with last year - approx 57% headline revenue growth and 200% NPAT growth.
Perhaps when Jane H takes over the chiefs seat in July we may see a more aggressive approach to growth, but for now under Geoff - it's conservative, measured and incremental month on month growth, which has been an excellent strategy this far.
One thing i haven't factored in is the sale of a2 adult milk powder and US / U.K./ Singaporean fresh milk sales - but I don't think they will be adding a huge amount of sales or growth yet. Also we don't know if there was a financial settlement reached with Lion - this could be a surprise boost to the financials.