Thanks for your reply Kyla. You have put my mind at rest somewhat. I saw a CNN show on Alibaba the other night.....they sell business to business e.g . you're a retailer in Australia, you need 1000 yellow pants, size 8-16. You put your requirements onto Alibaba and the manufactures send you their quotes and details of what they can do for you. You choose one based in ?.....say Hong Kong. The price on the pants is great - the shipping is the killer - almost as much as the pants. As Alibaba wants to expand globally, and Smarttrans is already dealing in movement of goods - I see an opportunity!
Something else - The fact that Geoff Raby has decided to stay on the board also gives me some confidence in long term prospects for SMA.
Also, it's my birthday weekend. I'm on the 38th floor of a swishy hotel in the city and the wine is kicking in. Happy Birthday to me! Have a good weekend everyone....over and out!(until Monday)
SMA Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
(20min delay)