CTX 0.16% $25.21 caltex australia limited

CTX Asia pac strategy

  1. 7,719 Posts.
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    Sounds really stupid from an investors perspective. What makes them think they can compete (over tiny margins) when many of their competitors don't pay appropriate taxes, and dodge regulations etc. I believe this will turn out to be pointless. They are supposed to have a bit of a moat in Australia - why isn't that their focus?

    http://www.copyright link/business/...ing-doors-in-overseas-markets-20180107-h0ekfu

    Reminds me of Smith's stupid plans for the ANZ in Asia
    Last edited by CaptainBarnacles: 08/01/18
 
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