OJC 0.00% 18.0¢ the original juice co. ltd

Ann: FOD beverage & functional juice business growing at 25.9%, page-20

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  1. 2,186 Posts.
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    The Eridani strategy is via the C-MART online channel (September announcement) and it seems the main distributor is this one below.

    They have actually been reasonably active (most recently Saturday) in their promotion of Eridani and the "Australian wholesome" theme.

    There was some suggestions it would be ranged in Chemist Warehouse and Priceline but we haven't heard any further there.

    Anyway, the whole China angle has best been described as a "free option" in terms of it it works out it adds revenue to the top line, if not the juice business alone is growing and even based on just the juice business the company is very undervalued.

    My main thoughts regards Eridani is that the original $1m order is no longer on the books as a creditor. ie. it's been paid for and revenue already brought to account has become cash in the bank.

    If you want to 'monitor' Eridani I suggest following this page on social media.


    https://hotcopper.com.au/data/attachments/3102/3102949-60eb9133b2b052c0d43354ea9c6018bc.jpg

 
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