WFL 0.00% 0.3¢ wellfully limited

pain patch , page-18

  1. 5,184 Posts.
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    Hi abdm,
    In my humble opinion, the entire resource driven ASX is about to go through a paradigm shift as Chinese, or Asian market orders as a whole, will most likely drop off considerably in the near future.

    The latest export numbers were a mere disappointment for China, even though much of this is related to increased infrastructure costs within China, rather than to actual export losses, but that does not take away from the fact that our resource boom party is on its way out ( BHP's delay of a further 2 years for their olympic dam exentions of a 30billion dollar contract until 2014 now is a good example how budget hopes, in this case SA, can be shattered with a stroke of a pen ).
    With it, other sectors will most likely boom and biotech is on top of the list, as I see it.


    I guess that some have to restructure their thinking patterns in order to make considerably gains in the future.



 
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