Acaca15:
"Think you all should look at the business model
Selling gold detectors out of the back of a van in dodgy
African nations is not my idea of a good business."
Firstly, the detectors are sold to distributors and retailers, not sold direct to end customers by CDA.
Secondly, the only two substantial markets opened are Africa and Sth America.
It would be nice if you do not engage in hyperbole to justify your position. Labelling all African nations as dodgy is hardly rationale.
I am still waiting for a logical answer as to why selling detectors is a cyclical business.
Ann: Profit Guidance , page-33
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