re: Ann: CBD AND CHINA PARTNERS ESTABLISH AUS...
I found the subdued market reaction curious.
I figure its positive given that the contract has now been 'inked'.
The upside appears to be that any concerns over rapid expansion because of the financial pressures that brings, has been eased given the surety of supply of equipment and finance.
The downside is that CBD has trade some of the 'upside' in terms of company/enterprise share.
I do wish, however, that Gerry would be more forthcoming in all their communications. I'm very interested to learn of the details in relation to the terms and conditions of 'finance'.
Overall though, I remain bemused at the market reaction.
CBD Price at posting:
18.0¢ Sentiment: None Disclosure: Held