I’m pretty conservative about doing business with China. Especially those companies who are under state owned enterprises. Just one flick of a finger, the top leaders in CCP can literally destroy your revenue without reason.
Twe is a clear example.
Housing market is another one. Those CCP dogs told their people ( Chinese citizen who are permanent resident in Australia) not to travel to Australia or buying businesses or housing here. I mean, it’s great for our local or first home buyers since they can get in the real estate market at a cheaper price and not too worried about being outbid by those Chinese investors.
australian coal is another example that has been hit lately.
So for ADN’s sake, I would urge James Marsh to diversify ADN’s revenue even more, don’t just focus on china’s Market at 80% currently. I have raised this concern a few weeks ago.
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