Hi all, spoke to a guy from nestle chocolates in Melbourne who is an engineer for them on the weekend,
I mentioned the yowie relaunch in America, he said wow he remembered when they started years ago, a great success he said they got their initial 7 million investment back in 2 months, then all the rest profit.
He said they could handle the production of yowies in Australia, they already produce various other products for other company's.
I asked him about coles and woollies and he said they are very hard work with and have way to much power and are getting harder to deal with, they are constantly pulling products off the shelves.
Hopefully the yowie team can get a good deal done with those guys.
YOW Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held