Well, it is a turn around. I mean holders have been asking for 9 months about the discussed Unifill expansions. Friffin talked of 3 x 250million lines going in at the start of the year. UNS simply said we are expanding in line with our customers needs and left it rather ambigious as to what actual capacity we have now or even at the end of FY2015 (7 months time!)
When repeatedly asked , UNS/AS stated early in the year words to the effect "we wont speak about operational matters" LOL, sounds like Operation Sovereign Borders
Yet now, they announce this? Something that ultimately long term dilutes profit for UNS but does offer great strategic opportunities and the ability to put our capital to more strategic use.
SO , now we have an announcement about this....can Alan at least tell us if we still only have 60million Unifill capacity as of today or confirm what it actually is? And whether that will have changed by June 15. LOL, seems we are talking about operational stuff now![]()
UNIS Signs Global Strategic Alliance Agreement with Flextronics, page-9
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