Love the knickers analogy lol Look China can make you wealthy...

Love the knickers analogy lol

Look China can make you wealthy beyond imagination but it can break you in two in a nano second

Just look to the mining sector for capital killers courtesy of the holy grail China

8 years ago BHP were 50 bucks Rio 132 FMG 12 AGO 4 dollars now 1.3 cents MGX 4 dollars now 30 cents

Add to that dozens of juniors gone or in mothballs all victims of riding the China boom n bust and will NEVER get back to those heights

Why you ask because they are price takers not makers

I see the same thing happenning in Infant formula another commodity this time food that Coys are pinning there hopes on China

All good n well but IF makers are price takers not makers if China says we want cheaper or take back or get elsewhere then what THATS what they did to mining bought up everything controlled the price and drove the miners into the ground for years the share prices were massacred yet they sold ten times the amount to China current production never been higher yet the end price is near half go figure

Infant formula same dog different leg action end of the day it's a commodity

BAL BKL MGC MXC BGA are all like BHP RIO FMG likely to struggle in China for years to come same as metals did food for thought about just how great china is for out companies Ask TWE about China