Imagine the power you have when you’re a market maker…mates want to off load a few hundred thousand…ok Charles, well we’ll keep the price static until we’ve rinsed them though for you and then drop it when the little man wants to someday liquidate…I’m not bitter…it is just a casino, always was, always will be.
Christmas costs stacking up for people and therefore some shares being liquidated, happens every year, just a theory that I have…. that the little people like us can’t always leave things to double/trouble without moving some assets around. Nothing has changed here, no bad news and the bottles will be flying off the ****tail bar shelves in luxury establishments, no worries.
The basic ingredient costs are not that vast, look at Coca Cola. I worked as a ‘microwave ping’ chef at a pub/restaurant to get me through Uni and I remember the carbonated drinks were delivered as a large carton full of syrup - to which fizzy water was added! I agree though that the marketing and distribution costs are the major overheads here and need to be managed incredibly efficiently and astutely. Roll on January.
Yep. Tony doesn't put a false sunny spin on this business and so he tells it how it is...No bull**** because he’s heavily invested himself. He’s tough but I think I saw the corners of his mouth curl up and the beginnings of a smile at various points throughout that informative video! GLA and a healthy and prosperous 2023.