im thinking about 11 to 12 cents also come Christmas time, which is about 15 x bags for me. while b2b will be a real growth stimulus, im thinking most of the effect of it coming online wont be felt until covid restrictions are removed - which i cant see being totally completed in 2020. temp controlled warehouses are due to be online starting next year, and im expecting the onboarding of NZ wineries to take a few months, with most of their wines due to be available on the b2b platform around the new year.
whilst i believe a modest value of 11 to 12 cents by Christmas, if covid restrictions are eased massively in the first half of 2021, then i would think we should hit about 20 to 25 cents by mid next year, and blue sky potential from there for Christmas next year.
DW8 Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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