Nothing specific was mentioned about JV in Turkey or land acquired. There was no mention of a 'controlled' growth strategy to manage expansion risk.
However, it seemed clear enough that Wellard's growth strategy, though market diversification and shipping capacity, are linked to demand driven market growth and greater control over margins (ie, applying standard markup margins to customers, which has not been happening).
WLD Price at posting:
28.5¢ Sentiment: None Disclosure: Held
