nice Steve. There's certainly a lot of tailwinds supporting the DW8 growth, especially with the constant strikes and network issues the main players are currently experiencing (auspost, start track etc..)
Partnering with DW8 who has a logistics network dedicated to the wine and beverage industry is now even more appealing, and then of course when combined with access to b2b and b2c channels via Connect, it further highlights the value proposition.
I agree that 5m in 12-18 months is not out of the question, mostly because their incredible growth to date has been achieved whilst shackled with covid lockdowns. In AU alone we consume 55m cases annually and produce 100m cases, in NZ its 5m and 30m respectively. So we are only just getting started.
How quickly we successfully integrate Parton's and open the network of warehouses in all the majors, will be key.
I have DW8 at $1 when we reach 5m cases - based on 90m in revenue and p/s of 20.
DW8 Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
(20min delay)