What the hell, page-12

Agree with most of your points - however will add:

1) Buying currency or hedging gets too expensive once you go out more than 6 months (the banks are not fools). I worked for a major multi national for over 18 years who bought a significant amount of raw materials from overseas. They used to cover all purchases out to 12 mths some times. Despite having the best forecasts you could buy an internal study over a 10 year period showed it would have been better buying at spot by a considerable margin.

2) I am not putting Coles, Woolworths, Aldi as direct competitors. I see the TRS competitive set as the local mum & dad Chinese nic nac store or market place.

Having said that with the last post and this one I am not recommending anyone jump into this stock - far from it. When I finish building my Tardis I will be jumping straight back in and reversing the purchase I made two months ago. Like I said before the $7.00 mark is close to where I will pull the trigger.