Haven't held this stock in a while but think few of the comments on here are a bit silly.
Dearie stepped down but both him and the guy replacing him have both bought shares on market in the last 12 months. They knew was results were coming yet have continued to put in more cash.
Why wouldn't they mention the overdraft? They are reminding the market they wont need to dilute to maintain operations given the current tough sales environment for booze.
Seems like they are making headway in getting product into Asia which is where it needs to be to actually make money. With shipments going to Singapore and Indo this year. If you have ever been to Singapore you will know how much mid - high end whisky they drink in the bars there, and will introduce wealthy people from around the world to the product.
Good luck to holders I used to love this company and hope it makes everyone money
LRK Price at posting:
$1.24 Sentiment: Buy Disclosure: Held
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