The long time winner in the Kava space will need to be profitable at the margins on offer at Coles. It's like beer, a volume business. CCO is making a slim profit and growing volume.
Volume well managed, aggressive management and development of supply chain means big economies of scale.
Bigger margins than competitors on internet.
internet in Aus , I don't know but guessing, is driven by first contact in Coles.
US interest might be a new product eg. barrocca style Kava.
I feel we have missed a great opportunity with the Fiji sevens, my understanding is we are a sponsor and our product is consumed by players. Where was the add wishing them luck. Fiji sevens/rugby are a world brand
I don't think the ASX suits have worked out there is huge latent demand for a healthy alcohol alternative, a real need for a mild non addictive less than Panadol risk? antidepressant , Kava can be an appetite suppressor, flavour? okay muddy water but it doesn't make you spit it out.
Regulatory risk has been highly lessened by the debacle of the vapes.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $17.61M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $6.374K | 783.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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23 | 15811100 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 2704379 | 3 |
View Market Depth
No. | Vol. | Price($) |
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23 | 15811100 | 0.008 |
24 | 3957278 | 0.007 |
7 | 3458166 | 0.006 |
2 | 1100000 | 0.005 |
3 | 9136969 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 2704379 | 3 |
0.010 | 6687222 | 12 |
0.011 | 10936320 | 12 |
0.012 | 9313237 | 9 |
0.013 | 8588820 | 7 |
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