Rob, another silly question ~ you are on fire today!
Of course Belfast is going to be profitable, I never said it wouldn't
The only problem in operating a "Margin" business is that the buy price for your feedstock will rise proportionally to the contained value of RE's
IE ~ Belfast will not reap all of the gains from the increase in RE prices, only a proportion of them.
Conversely though, the same principal means that they will be somewhat immune to price falls.
Rob, another silly question ~ you are on fire today!Of course...
Add IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $53.56M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $81.51K | 7.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6082674 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 805974 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| IXR (ASX) Chart |