GAP 10.5% 10.5¢ gale pacific limited

Ann: Announcement of buy-back - Appendix 3C, page-20

  1. 390 Posts.
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    Something occurred to me regarding much of the product line sold by Gale. And that is it is highly durable, lasting many years in service life. Therefore to keep growing I assume the company relies heavily on increasing numbers of new customers. Perhaps this is why they are trying to kick off sales in overseas jurisdictions as shade cloth for example is certainly not new in Australia. Custom made shade sail covered car parking at the front of houses is one use that has gained popularity in Aust. in recent times though I don't know if it is Gale fabric that is being used.

    So leveling out or decline in sales might be the first sign numbers of new customers has peaked and starting to decline and that the company growth period has reached it's limit. Uptake in new markets will therefore be critical I guess. Just my thoughts & would appreciate any views of others. regards.
 
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