I agree Chess, businesses still have 5 years to get on board with recycling, not sure many will have the appetite during this severe recession.The margins on these council contracts are ultra slim too, probs why still yet to make a profit.
The stock tripled after the original Woolies hype, then pulled back 50% - the realisation compostables were already in store.(Glad,Biotuff,Multix etc) The few composting councils give free bags to residents, so not sure who needs to buy the Ecobags. Unless its existing shareholders filling up their garages to inflate the SP?! The classic pump and dump - you may have dodged a bullet Chess....
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I agree Chess, businesses still have 5 years to get on board...
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