Maybe, but it is a growing and high margin segment. There's a lot of international interest in sustainable, low carbon food sources. Synlait only need a tiny fraction of the world market to keep their factory going flat out.
Let's wait to hear what they have to say later this month. I'm hoping they are allowed to share a bit more re who the mystery multi national company is and get some forecast figures for expected output. As I mentioned before, they were very bullish on their return to growth last time, let's see if this is still the case.
SM1 Price at posting:
$3.11 Sentiment: Buy Disclosure: Held
