Seems to me that Qube Holdings is a little monopoly.
It appears after a brief look that they own and operate all Australia's major ports either directly or indirectly (through Patrick's) with additional services including logging in NZ, and rail and truck freight logistic services in Australia.
I have noticed they will own and operate the rail network in the Moorebank precinct. Additionally, I'd assume they own the trains and collect revenue through offering logistic services, however, will pay the Federal Government - Australian Rail Track Corporation (ARTC) to use the tracks.
On the other hand, I can't find out much about the gas & oil pipelines Qube is currently utilising to service the contract with Shell. Does anyone know if they own this or it is a similar arrangement as the railway network with ARTC?
Cheers,
Dalto24
QUB Price at posting:
$2.22 Sentiment: None Disclosure: Not Held
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