It's early to say anything positive. I left this stock a while ago. Now I want to get back with a little purchase. The share price is now stable. The company is doing ok and showing progress. I can tell that the floor bilingual staff (meaning mainly Chinese origin) run the operation. These people are known to be reliable, hard working and generally not expecting high pay. I see all the signs of their growth into the normal space of retail rather than daigou. It looks like this business has staying power. They would make money also from owning the Australian labels and becoming a more broad-based business like a holding with feet in both in production and retail. Forget about the hype early in the year and speculation on the stock. It's now the boring business of running a business. I think the Chinese are good at this (not so much the high management but the floor staff). I also feel that there is more loyalty among the workers from Chinese background. This company is likely to stay in business for a long time.
AU8 Price at posting:
25.5¢ Sentiment: None Disclosure: Not Held