Welcome to the Lark thread... nice to see a new poster.
Spot on, If all was diluted down to 43% then they would have 2.1m litre... They have been effectively been selling this (43% ABV) at on average +$260 per litre... The average sale price (Net Sales Vale per litre). Which is after excise is paid, will come down as they ramp up and the lower priced releases volumes pick up, and there is some loss in pricing for export etc... But would still expect to see strong gross margins.
I have done some prior posts on this, but @dabozza has typically taken a more conservative view than me re this topic if you haven't already had a chance to look back at his commentary (he might kindly update his thinking on this mater in this thread).
As always, DYOR mate, this stock is pretty thin lately so moving around a bit, and should have quarterly update out soon, so we will get an idea on how sales went for July - September..
Cheers.
LRK Price at posting:
$2.02 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)