EPW CEO on CommSec Executive Sessions, page-3

Its bigger in China but that doesn't make it a reason to go after it...no point having a whole lot of market share in a whole lot of markets if there isn't margin and profit attached to it. Margins in US already down and growth already slowing, so while its early days its following the same picture as Oz which is all about low margins and low growth. Just like picking up pennies in front of a steam roller...miss one, go back for it and...