so looking at CZZ - a honey focussed company - their revenue is about $133m/yr with a current MC of about $170m
form a quick look at Vitasoy International Holdings Ltd - their MC is $20bn...not sure if that is US dollars, but either way, it's above US$1bn
then there's oil...I mean oils like Olive Oil, Cannola Oil, Rice Oil...they all sell well and are stocked by most supermarkets...seems like there will be a big addressable market for the oil alone
plus the other stuff
I think you need to add all of this up...and then add the export potential...then I'm not so sure a $90m MC for QBL is expensive or even fair value...imo
QBL Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held