Also, recall that “this quarter” (30 Sept-30-Dec) is
1. Fall /winter in the US (Where Ananda Health is HARVESTING and paying growers for their produce at the gate) and...
2. Spring/Summer in Australia (Where Ananda Food is planting: handing out seeds, paying agronomists, financing for fertilizer, herbicides and pesticides and labour and machine rentals for farmers.)
So, and I think we discussed the before, expect higher production costs linked to agriculture in the 4th and 2nd quarters (the above example reversed in the second quarter when the US Plants and Australia harvests).
EOF Price at posting:
$3.16 Sentiment: Buy Disclosure: Held
