AU8 1.67% 6.1¢ aumake international limited

Thanks for the reply mate!Two points: "Through those channels,...

  1. 151 Posts.
    lightbulb Created with Sketch. 7
    Thanks for the reply mate!


    Two points: 


    "Through those channels, the big problem is, by the time the product reaches China, dozens of middle agents, distributors and importers would have taken their fair share of the cut and the Chinese consumers will be the one who flog out for the largely added costs"

    This is not correct as companies (like the one I work with) are cutting those middle agents and distributors out altogether. We have recently set up three hubs of our own in China that allow us to transport and distribute our product directly to businesses and consumers. 


    "Between all these, AU8 did 10.5m business in first year of operation. The number speaks for itself ayh! Did your company do 10.5m business in their first year of operation?? Maybe they did. "

    Last year we did a little over $400m of direct imports to China. 

 
watchlist Created with Sketch. Add AU8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.