Originally Posted by
MAC
I’m not really interested in the short term to be honest Harrie as you know.
I’ve always held that the Californian market may well offer great potential, and this is the first advice we have had from a2MC offering a prospective market size, greater than Australia, excellent.
Certainly that paints the picture behind all the market research the company has done and provides some whom may otherwise have thought that the US market might just be a small nice to have on top of the Australian business with a whole new perspective.
Certainly plugging those prospective revenues and forward free cashflows into ones DCF will make every shareholder smile.
I would like to get a bit more from the company, I think though it’s probably around a five year plan to get to those estimated US revenue levels, first two years to break even, another three years of revenue growth, all good.
But for now it’s satisfying just to hear that the launch has gone well, the US supermarkets are flocking to the four products on offer, and the company is confident enough from the first two months of market feedback to make a bold forward prediction.
All good, up and away in the US.