Great announcement IMO, should provide a (further) boost to the SP on Monday.
The part of particular interest is the exclusivity which has been granted to AustAgri with respect to sales and distribution of GK Premium Range IF in mainland China. We can expect AA to be fairly aggressive in pursuing the Chinese market as this would most certainly have been a pre-condition for JAT granting the exclusivity to AA.
Also encouraging to see that GK is still part of JAT's business plan. I hope the regulatory approval comes through quickly. I think it will. I suspect JAT's billionaire chairman's connections will be working for us here.
My opinion only.
Great announcement IMO, should provide a (further) boost to the...
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