As expected, there was a lot to like about the quarterly.
- Revenue growth for the year was exceptional
- This will continue in 2020, with a full year contribution from Betta Milk and will additional growth in the rest of the business
- Growth in dairy will continue to balance the business, but Chicken also continuing to grow
- Still plenty of synergies from the acquisition and investment in the business (new Chicken sheds) to flow through to the bottom line
- Margin pressure the only big headwind, would be nice if the drought can break and the pricing starts to turn on this
2020 should be a big year, as the business continues to grow and these two key business units start to mature and produce solid EBIT and NPAT.
Been building a base at these levels for a long time, I expect in 2020 we see it move up closer to 20 cents.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.185M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2628708 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 650223 | 3 |
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| Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
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