Sandalwood does have a very large and buoyant market in Asia...

Sandalwood does have a very large and buoyant market in Asia with price of pure oil well above $3k/kg
I was surprised when the company sold the 2.85 tonnes at such a steep discount a few months ago.

This appears to be a case of pre-planned history in the making. I suspect its the creditors and large shareholders at play who will get the largest slice of this beautiful and mature asset at a throw away price..

It will be interesting to see some shareholders stand up and throw some confronting questions.

This AGM will be a space to watch next month...temperatures rising already!