Hi all,
I view the announcements as positive.
TSM seems to have lacked scale in Oz so they are exiting Oz to focus on their main market in UK.
FXL have the scale required so it is good for them.
Both CCV and TSM are now using LESS finance from Westpac so I suspect that the bank was sucking out too much of the profit.
Stick to the knitting you know. Three cheers
