Gday everyone.Sorry for not posting for a while.. been rather...

Gday everyone.
Sorry for not posting for a while.. been rather busy.

A few comments:

I have no problems with Johnnie leaving the BRT board. I mean he has other business interests and still BRT’s largest shareholder. So even if he is not on the board, he is still an integral part of the business IMO.

Yep, they would be best to arrange some sort of debt facility. I hope the days of issuing equity are over, especially at these cheap share prices.

Rifici, I don’t think they need an Aussie acquisition. The market here is so small compared to the US and Europe. And don’t forget, they havent even looked at selling their products (besides Memotoys) here.. so plenty of scope to expand into the aussie market that way.
What they need to do is get together with modern brands and look at moving forward together.

Rifici, what is your $30m-$40m revenue number based on? Is that largely an extra contribution from the marshmallow business? The reason I ask is that you say that the large retailers have already placed orders for the holiday season. IMO the company was factoring this in to their forecasts already…. Although we don’t know to what extent of course.

I agree BigRed.. it’s the lack of communication from the company that is resulting in the SP where it is at the moment. Hopefully as the year goes on this will change.

As for the SP.. bodgers there is no manipulation.. there are just no buyers! There is too little volume to call it manipulation.

Cheers
Livas1