Looking at today's announcements it has to be a positive for both P1 and GCN, no matter which way you look at it. They are now firmly establishing a market channel into China (2nd JV in a month in China). btw SaSa and ChowTaiFook are famous brands in HK, I have been to HK many times, and these shops are everywhere.
Now that the distribution of P1 shares is finalised, we will just wait for valuation then it will list on ASX (now that shareholder requirement is satisfied, remember no IPO). P1 value will translate into GCN value.
Keen to accumulate more at these levels, non-believers if you are still selling then good!
Good luck to all.
announcements are positve regardless
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