potential of wine, page-12

Ok so few points to clear up

1. I'm not a big fan of the wine business, why well I just don't like the fit of wine and Tech Telco IT but it seems profitable

2. Acquisitions, well they tried to do a Chinese Solar Hot water acquisition earlier this year read this announcement

http://www.asx.com.au/asxpdf/20130430/pdf/42flhmqwxrhdh1.pdf

The deal was pretty impressive actually

25% of Auhua for $6m

Auhua was making revenues of $33.5m and profits before tax of $11m per annum

It is a company owned by the directors and this is why I think that if it isn't this that the directors will try vend some other Chinese based business deal

But yeah its a specie so only put punt money on it