I'd say it is evident that they are happy for RoW to grow organically using their distributor model, obviously some resources being allocated to the UK/IRE but the risk of placing their resources across the globe too thinly is the pressing issue there. We are putting all our chips into one basket (US) and it is paying off.
I am sure down the track once profitability has increased further in the US they can drive free cash flow to scale growth in RoW. As DW has said on many occasions he is here because of the scalability of BTM and you can't scale when you're spread thinly across the globe, we need to focus on one market and we are fortunate that it is the biggest market there is.
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$2.61 |
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1 | 1945 | 2.570 |
1 | 5859 | 2.560 |
1 | 1636 | 2.550 |
Price($) | Vol. | No. |
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2.630 | 3333 | 2 |
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