look Madam - I am sure u can flogg me all around the park with respect to industry pricing and dynamics BUT may i make 3 points :
1. just noticed you have Ramsay Health Care -another example where outstanding management have over come sector problems -how many other profitable operators of hospitals have there been (esp in Aust-though they are multinational now)? not many- and good family dominated management initially set it up
2. The telecommunication industry (perhaps not telstra unless u timed it well) has been a very good one to invest in till past year or two-it has been decimated by the nbn really -so say what u will, i believe that to have been the dominating factor.
3. 5G - i sit not possible that this will be a factor to change what u talk about - i think Benson or someone has some posts on another thread about this
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