I liked the inbound bit " Chinese tourism market inbound into Australia The agreement to market and sell kangur Tours products online in China is the Company’s first initiative to target Chinese tourists and seeks to establish ongoing e‐Commerce purchasing relationships with consumers both in Australia and following their return to China."
This is an exploding sector- establish the connection with consumers already looking for this product is all good with me More than 2 arrivals from China every minute One thing SMA has always been good at and trying to do is retaining relationships with the Millions of new cashed up middle classed Chinese consumers. 40% compound growth is outstanding.
"China restructure implemented" flowing to bottom line in current QTR and ongoing.
Cash at bank stable and future ready for recovery / lift off.
Get the receivables in and the
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Ann: Appendix 4C - Quarter ended 30 June 2017, page-11
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