Maybe they wet or dry hire the machinery , and are paid based on the machine's hour meter . If there is more water to pump then BPP would get more revenue as either hiring out more pumps or the ones pumping are pumping more ?
I bought a few more today I like the business model , some of their pump motors are about 1o00 KW ie about 3 times as big as a Kenworth engine so guess the hire fee is pretty high per unit as that sized motor would be going through around 200 liters of diesel per hour at 3/4 throttle
I think they repair their engines in house which means they would keep overheads down to .
Maybe they wet or dry hire the machinery , and are paid based on...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5975487 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7258246 | 12 |
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| Last trade - 11.12am 17/07/2025 (20 minute delay) ? |
| BPP (ASX) Chart |
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