Until now amazon has not operated here as they do in other territories but they state they are setting up warehouses and rolling out their entire model here next year. I foresee majority of new age shoppers will be moving online as the prices are far cheaper and little old MCP will struggle to compete with this global Player and if they do margins will erode.
MCP Price at posting:
$1.08 Sentiment: Sell Disclosure: Held
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