If You Build It They Will Come
We’ve received good solid long term 2016 sales goals from ATM for their markets in Australia, the UK and China, and we cannot be far now from receiving one for the US entry. This is one of the reasons I’m quite bullish on ATM, good and bold management drives the right company culture and growth.
It’s a big continent and market North America and IMO the prospect of faffing about with one JV at a time may just not offer the momentum such a market deserves.
I would very much like to see management step it up a notch about here and go for a hefty capital raising rights issue to fund a good level of expansion into the US. Even if it just allows for the opening of four or five Smeaton Grange size facilities in say two year’s time.
http://aboutthea2milkcompany.com/wp-...2013-Final.pdf
This was the approach that was so successful in Australia and IMO is worthy of replication in the US.
I’d like to see our directors earn those big compensation packages we provide them with a bold move too.