no it does not sell to China, at least not significant amounts. They recognised there is a strong demand coming from there but their priority is Australia as FRM cannot keep up with domestic growing free range sales.
Going forward company must be considering acquisition - IMO - that's why they brought Phillip Campbell last year - specialist for M&A and IPO. That is perfectly answering what will they do will with $15 mil yearly operating cash flow over 2017 FY and beyond (no debt to repay anymore) - time to buy other company to grow market share. It is the right decision to make - IMO.
Eggcellent, page-48
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