I just read a news article in the "Daily Telegraph". At the end of the article, it gave a list of a few hundred labels that were "tru-blue" aussie brands. I am very pleased to inform PacBrands holders that I recognised 3 brands in that whole list!! I don't think that people will be changing their spending habits en-masse when it comes to trusted brands, run by well managed companies - regardless of where they are made.
For those interested, the article is here... http://www.news.com.au/dailytelegraph/story/0,22049,25129297-5001021,00.html
Take comfort holders, this media beat-up will end, and in the meantime, there is a great buying opportunity to be had.
PBG Price at posting:
14.9¢ Sentiment: Buy Disclosure: Held
