A lot of people have missed the bigger picture here.
They've picked up small/medium sized businesses with the ability to fast track their products directly into Monde Nissin and national chains, we have already seen growth in ALL acquisitions.
Yeah I get it, the P&G has taken some time and MC gave a price prediction that has swayed confidence but other than this there is a whole lot of complaining and moaning here and not a lot of looking at whats going on.
The recent convertible notes issued (circa $5.5m) is going to provide plenty of on hand cash to tool up the new production lines in Hobart, which in turn can reduce labour costs and as new lines are incorporated the efficiency will also increase.
PFT products are spreading like wildfire where I live, and are always low on the shelves and while the volume has been low ive been hoovering up everything I can get at 50c.
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