AUK 0.00% 0.2¢ aumake limited.

With the reopening of international borders, Aumake will be a...

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    With the reopening of international borders, Aumake will be a significant player in the future of Asian tourism to Australia and New Zealand through our relationships with some of Asia’s largest travel agents and tourism partners, providing opportunities for dynamic growth.
    We have addressed the challenging impacts of the COVID-19 pandemic over the last 18 months by reducing costs, continuing to invest in our social e-commerce platform, focusing on our relationships with close partners in the travel industry and maintaining the retention of dedicated staff.
    We are now well-positioned to increase our market share in the Australian and New Zealand tourism industry, which prior to COVID-19 was on track to generate $100 million in revenue for FY20.
    Importantly, the return of international students and tourists will see the re-energisation of a valuable and cost effective marketing channel for premium Australian and New Zealand goods via Aumake’s physical store network, which will see us increasingly use third party operated physical stores, and our social e-commerce platform to grow and diversify our business offering.”

    Today's dumping of the stock is an oversight IMO. Good luck to all.
 
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