http://www.baikowski.com/files/181128_vfinale_pour_publication_document_d_information_baikowski.pdf
page 31 - it is roughly one third of their revenue. When they were floated. And that would be much much more against prices that are mentioned in the research.
They should be killing it now. But they do not. So I am having this disconnect between exploding HPA prices that are mentioned, and real life.
So if Baikowski does not cater for them - who does. Who has this vast improvement in the bottom line - who is expanding capacity because of prices sky rocketing?
Still do not get it how this adds up to the real world?
AAM Research Piece, page-15
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