Agree, heaps of new products all the time but the ones like Gimmie Green or Love Potion etc survived the time test and seem to stay. Its a competitive market out there. I love the juices, they are very tasty, Gimmie Green is out of this world.
The only con is a price. It is 7.5 or $5 for a 1L juice at promo. If really consumer spend is dropping they might cut on expensive items like these and get a Nudie 2L for 6.5. But there are always people on good income, single, sporty etc who doesnt give a damn if its 5 or $7.
I like the idea of producing private label like for Aldi and utilising idle capacity. Really what we need is 36 mil sales this year with 5 mil ebitda + breakeven op cash flow. Next year 40-45 mil sales and 7 mil ebitda. Wont stay at 10 mil cap if this happens. FY report will be very interesting. Hope on the positive side lol.
To be honest that price now its a good take over value.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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16.0¢ | 157657 | 5 |
View Market Depth
No. | Vol. | Price($) |
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1 | 207738 | 0.155 |
1 | 14000 | 0.145 |
1 | 10800 | 0.140 |
2 | 100000 | 0.135 |
2 | 108888 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 157657 | 5 |
0.165 | 136140 | 2 |
0.170 | 11601 | 3 |
0.175 | 258042 | 5 |
0.180 | 480948 | 8 |
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