Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender, page-58

By the same token, and more recently than in your example, KTD went from 19cents to 46cents (140% rise within 1-2 months).

What makes you think it cannot do it again?

Also the net loss in the last quarter was NOT significantly high (-700k), especially if you compare it with other dairy manufacturers (BUBs, JAT, etc). And if you're going to factor in depreciation costs and government incentive schemes, you should also consider one-off expenses like Ausconfec's bar line enhancement.

I'm anticipating that the upcoming report will show a minimum of 500k+ positive cash generation, with 17m+ revenue