I think this paragraph in the press release is a possible reason for the shift downward towards the end of the trading day yesterday
Whilst the initial orders received are significant for a new channel, they are not yet material to the annualised revenue of the Company and following the removal of China’s COVID restrictions, this is a further example of the uplift in demand that RLG is experiencing for its health and wellbeing products.
The stocking and distribution of Remedy Drinks in Alibaba’s 300 high-tech Freshippo supermarkets and stores in China is expected to significantly contribute to increased revenue to be generated from this region.
The real key data is how quick they sell off the shelves and is the 2nd order bigger than the first, if that happens expect another bump upwards.
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I think this paragraph in the press release is a possible reason...
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