I agree tamz, one of the reasons being FXL actually wouldn't be...

I agree tamz, one of the reasons being FXL actually wouldn't be able to afford to win in the Chinese market, if it went viral the amount of capital needed to keep up with growth would require raising several multiples of the FXL market cap in a matter of months.
Plenty of growth to play out in Australia, New Zealand and Ireland still, more likely IMO to make a move on the UK as a next market, US and China I think are just too big a risk for FXL in the short term.
If they manage the next 3 years well and keep the payout ratio very low then we may have the firepower to have a crack at a bigger market after that.
Too much debt at the moment and still too early in the turnaround plans/ restructure to be taking such large risks.