The company reported 'exit from contract manufacture arrangements' in its last half yearly report, stating that this move will reduce revenues in short term. But I thought their revenue outlook of $500-530m included in the same report was reflecting that decision. My gut feeling as a customer is that domestic sales are not growing as fast as the company anticipated. Freedom's cereal and musli bars were a hit about two years ago but the competition has quickly caught up, as we can all see in the shopping malls.
The company reported 'exit from contract manufacture...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $4.887K | 41.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 166511 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 15850 | 1 |
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| Last trade - 14.42pm 09/07/2024 (20 minute delay) ? |
| NOU (ASX) Chart |