Can Cavalier pull off its woolly strategy?
Company eschewing synthetics but market may not be large enough for wool.
Carpet manufacturer Cavalier Corporation, which floated in 1984, was once one of New Zealand’s 50 largest public companies. But its woolly proposition in recent years has seen investors scattering like startled sheep.
In the last 20 years, its shares reached a peak of $8 in November 2002 but
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