possibly true: "Never" but ,,,, elitebuilt have been in the WA...

possibly true: "Never" but ,,,, elitebuilt have been in the WA market for more than a decade.....

The precision and elite brands used to compete in the same market (Wholesale)until acquired by dexion...

I phoned the distributor (because Im a nosey person lol)

I actually got through to the managing director

They have actually been forced to set up a Competing distribution network with a new brand. Not just in W.A. but Australia wide....(Its the Australia wide that worries me.)

I did have DEX down for a buy at this level. As the Dividened yield was looking good...But if this is true i wont be touching it until i see new revenue and dividend figures...

I have looked everywhere on Dexion site for an announcement as to the termination and why..
But nothing.

They are still listed on the newzealand website as WA distributor....