I did mention that we were undersold by other countries that had not the same standard of living as our own, but that is quite a different proposition.
We shall see all sorts of special drinks, based on wine, but heavily fortified, coming to this country and underselling the traditional drinks which we produce here.
We are being undersold throughout the world.
They are therefore being undersold.
The market is being undersold substantially.
The reason is that our prices per ton of steel are greater than those of our competitors, and we have been undersold, to a vast extent, in our own market.
Is there any way that can be used to prevent one district underselling another district after the price has been fixed?
Therefore, we must accept the view that either shares were overbought before the crash or have now been undersold.
