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Originally Posted by minimoke
.... Essentially SML is carrying all the inventory risk. ATM (as an example of a customer) does not have to carry the risk of holding inventory which is a great move by ATM.
Thanks MM. I Agree. A couple of years ago BAL-ASX shares plummeted from approx $A13.00 to $4.00 on China inventory concerns, ATM was relatively unscathed and I recall ATM saying they had negotiated a much better/different deal.
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