its mainly because even though they diversified their range...

its mainly because even though they diversified their range revenue wise, most of their ebitda still comes from dried vine fruits. This dried fruits isnt a huge growth story in China yet. Its not a processed food, its a bulk food commodity like Select harvests(SHV) which has been extremely volatile.

its ebitda levels were also quite small - 10-15m ebitda or so. very small cap.

its more like Select harvests(almonds) and Costa(berries) than Bellamys(a value add Infant formula)

it could also be like Capilano Honey(CZZ) which a lot of it is commodity stuff. CZZ has been average in 2016.