100% agree - this investment is a no brainer! This quote from the ann summarizes it the best:
'China’s large-scale ban on the importation of foreign waste has had a major impact on Europe’s waste management. Where previously up to 87% of waste plastic ended up in China, now countries are faced with an increasing build up of this material. IGES has used this as a basis in its negotiations with feedstock suppliers, and as such has been able to convert the supply of feedstock into a
revenue stream. '
IGE Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held