PGH 0.62% 81.5¢ pact group holdings ltd

Ann: Asia Acquisition and A$176M Entitlement Offer, page-4

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  1. 7,719 Posts.
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    Re importing, - not arguing, but just seeing what you know about it. Wouldn't they be transporting a huge amount of air with some small amount of plastic in it at high expense?
    Isn't the industry capital intensive, rather than labour intensive?
    And then you have the product quality risks, contamination risk because somebody protected and dodgy/desperate in China finds a low quality substitute, that is going nearly free of charge, because it has arsenic, lead, or some other contaminating stuff in it, sells it as meeting spec, and pockets the diff. Imdex bought huge quantities of peanut oil from China, and it had asbestos in it (of all the possible plausible contaminants - that is ridiculous).
    I really hope our local food supply moves away from these China risks - probably am dreaming.
 
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81.5¢
Change
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82.0¢ 82.0¢ 81.5¢ $7.835K 9.568K

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1 31677 81.5¢
 

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82.0¢ 8329 2
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