***** YOW Chart *****, page-34

Are there any small, private chocolate or confectionary companies in Australia that may be worthwhile acquiring?

I'm sure I've done a walk down the chocolate aisle at K Mart, Woolies, IGA, and Coles, where I've seen smaller Aussie branded choccies for sale.

Surely there's gotta be a better use of capital than sitting on balance sheet.

I'm not a fan of the term, but wouldn't there be some synergies Yowie could bring to the table, whether it be by virtue of scale to materially reduce production costs, or the ability to cross-sell into other markets?