Vespasian
The Blue Bros aren't stupid enough to be a problem. This is a simple extract it out of the ground and sell it operation. They also want to expand their interests beyond the Beverly 4/M site with new JV options in mind so its not a copy book they want to blot.
If they were to attempt a subtle transfer pricing "scheme" they would probably be caught out - at the expense of the broader company group. None the less this is the one area where the market needs certainty and AGS will rise P/E parity with comparable producers IF:
- the order book prices turn out to be reasonable; OR
- Qasar allows AGS run its own order book.
The advantage, to Qasar, of of supporting a separate AGS own order book would be privacy for their own order book.
Just guessing .....
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