The same question applies to anyone who tries to add value and export out of Oz with RBOA interest rate policy pushing the dollar up to very damaging heights. The RBOA is a big load of lead in the saddlebags of every exporter, and a friend beyond compare to all importers. No wonder we have foreign debt among the biggest anywhere, particularly on a per capita basis.
I bailed at 88c with majority of holding, but kept some. Read the reports and they are battling along. 95% of production goes OS and have not met any local dentist who has even heard of them. But I dont meet a lot, thank goodness.
This new amalgam interests me. Sounds good, and a mainstream market segment. This is a small but extremely volatile stock, and could go close to a dollar with a couple of good half years. Done it enough before.
It does not sound like a labour intensive product but one that could produce ecomomies of scale in production, but I am just guessing. Might go to the next AGM and have achat if I can. To understand the business better.
One thing, the RBOA is so far out of line with the situation in the lending markets it may well have to start doing what the US Fed did before long, go into reverse and start cutting. The dollar will fall if they do. Good.
Want to know how many runs are being scored with the new product before buying more. Cash is very scarce just now.
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