Well, at least they are providing a positive news flow.
On China, it is prudent to diversity and expand into other markets. That’s just standard good business practice in any event. What they should NOT do is divert away from China ... for the reasons expounded upon above ... the market is too big, too lucrative and the need too great to ignore.
The bilateral dynamics do not help. That’s for sure. The government would do well to remember that values is one of several subsets of our national interest. Economic growth and domestic job creation Is another. As a middle power - we need to be super adept at how we balance the pursuit of both so that, net net, we advance Australia’s overarching national interest. Not clear how that was achieved over recent weeks ... An absence of sophisticated diplomacy ...
Anyway, thankfully, the CCP is usually no dummy when it comes to its own national interest (though their recent assertiveness is worrying). If we posses proprietary technology that helps advance their national interest (in this case, the sustainability subset), would they really shoot themselves in the foot? I would be far more worried were we exporting something that was either discretionary or where reasonable alternatives existed.
All up, a good day for PET (and shareholder communications)
- Forums
- ASX - By Stock
- PET
- Ann: Business Update
Ann: Business Update, page-58
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online