These guys already have the online platform, all the distribution channels and all of the regulatory requirements to hit the massive and growing wine market in China.
The platform is easily scalable and can easily be fine tuned to fit any overseas market, but will focus on the south-east Asian markets.
$3 mill in the bank from the RTO.
And it is an Australian based operation.
With an EV of less than $8 mill, it won't take much of a breakthrough in terms of market share to demand a market cap many multiples of where it is now.
I'm in and will see how this progresses over the next 6-12 months.
Milesy
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- Forget baby formula. Wine to China is the go.
Forget baby formula. Wine to China is the go.
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