Appointment of Lark Distillery chairman, Chris Malcolm, as $AWY CEO is transformational. I believe AWY will soon:
. Achieve majority control of Lark
. Consolidate Lark results in AWY accounts
. Consolidate Overeem Distillery results in AWY accounts
. Consolidate Nant Estate results in AWY accounts
. Move to realize tourist potential of key real estate holdings
. Exploit potential of selling Tasmanian whisky into China
I note that $AWY - now Australia's key whisky player - has an MC of $12.3m with Dec 31 cash of $3m.
The group has an EV of ~$9m.
I sense this will rise.
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