RMS 4.67% $1.91 ramelius resources limited

Broker Report March 2018, page-49

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    inflation outbreak:
    General Mills, the maker of the famous ‘Cheerios’ cereal brand, fell 10 percent on the 21st March last week following a downgrade related to margin pressure from cost inflation. CEO Jeff Harmening blamed a 20-year high in freight costs for the margin squeeze, sending the price of other packaged food brands lower over the day.
 
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