Thanks for the response and great to hear. I noticed the list of companies they contract manufacture for including Nestle, Blackmores, Mars etc and that they as well as the new companies are contracted for 3-5 years. (page 12 "HY23 - Results Presentation"). They are trading at around a multiple of 6x 2022 EBITDA so a reasonable price AND it pays dividends?? Farout leaves me wondering what the catch is!
I found out today what the only catch is though. Daily volume is quite low so offloading shares (if one would want to) pay be tricky if needing a quick exit. Otherwise, looks solid.
PBP Price at posting:
$2.40 Sentiment: None Disclosure: Not Held