50% owned....holy cr*p
If they build it in one they'll be certain to build it in all I reckon......thats 170 plants at 7 mil profit per year at 50%
That's 95cps of earnings...at PE of 15 is $14.......yikes...they'll NEVER let it get there....this is now without ANY doubt within 2 years of a major takeover battle !
Suddenly my mill+ holding is looking like it'll pay for a nice retirement !!