deep breaths my man.
The company's main competitors are the unlisted Visy Group and to a lesser degree Amcor along with many smaller players not worth noting.
In order for a company to have a durable competitive advantage it must be backed up in the numbers (earnings and FCF) and right now there is no indication Pact has any sort of advantage over other packaging options!
I agree that they have work to do to drive their 'circular investment' through the organisation and time will tell! I sure hope they succeed!
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