Comvita’s gross margins remained around 60%.
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Comvita’s gross margins remained around 60%.
Couple weeks back, one of my neighbours was throwing out a commercial quantity of premium Manuka honey and I helped myself to a carton.
It's a couple of years past its best before date, but I see honey has a shelf life of 3000+ years, as per King Tut's personal stash. So I too now have an afterlifetime supply for my toast.
Maybe the magic UMF degrades sooner but I don't give a toot about that.
TL;DR: not holding
DR Google concurs. Honey can last for ever.
Beekeepers are struggling everywhere and it’s been like this for the last couple of years. What I liked about comvita was the value add products, they were at a premium but they were the market leader. Now you hardly see their stuff anywhere…
When Sp dropped to $3.11, in June 2019 Scott Coulter lost his job.
I don't think David have many years to verify his words.
Shareholders can't survive on "words", they live on real money.