AU8 1.67% 6.1¢ aumake international limited

Long Term Predictions?, page-16

  1. 4,783 Posts.
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    I'm long the story. But 2 things. Its run by Chinese. Why is that a problem. Because every Chinese ASX stock is a dog.

    The other thing is it relies on Chinese buying from Chinese. That's good, but there's 2 problems there. First is that Chinese do't trust Chinese when it comes to quality, use by dates and authenticity. The second point is that they will take their business up the street if they cam make an extra 5 cents. So the client base is not sticky

    So price prediction at year end somewhere between 8 cents and $1.80
 
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