Comvita - CVT

[Shareguy]

Nbr quote Manuka Doctor have $25 m ebitda on $60m sales Comvita are forecasting $22.5 to $25 m ebitda on $195m sales. You can look at this in various ways however CVT either have to reduce thier cost structure (which they are doing, but is it enough) or increase thier margin dramatically. If Manuka Doctor can make huge money out of Honey then big opportunity for CVT.