Still smoke and mirrors unfortunately but at least it’s not worst case scenario
No brand recognition = minuscule scales unless they have a cash cow (doesn’t need to be organic) that can cover marketing expenses as it will need lots.
CW & Mason’s will be drip feeding bucketloads of shares onto the market once escrow period is over, resulting in large gains in share price hard to achieve.
Infant formula stocks were so 2019 as well.
Ann: Chemist Warehouse Update, page-9
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