JL the ridiculousness of your argument highlights how bad things are here. Firstly $15.00 a toone is a good margin upon which to make money. The average rate for construction ad demolition waste in QLD ((where there is no levy) is just less than or around $15 a tonne, especially in the further out landfills around Swanbank.
If you check the average disposal rate for CAT C is approx. $100 a tonne and $70 of that is levy and CAT C is way more expensive to deal with than PASS/ASS. Your Australia post analogy is like saying you cant buy a news paper for $2.00 because it costs thousands cut down the trees for the wood/paper.....
Companies like Lantrak and Hi Quality make good margins off $15 a tonne, they have to because that's were the market is at in Melbourne. A truck & trailer turns up with 30 tonnes a load ($450) and completes 5 loads a day ($2250).
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Mkt cap ! $14.33M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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2 | 181000 | 0.017 |
2 | 231250 | 0.016 |
8 | 798780 | 0.015 |
1 | 600000 | 0.014 |
Price($) | Vol. | No. |
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0.021 | 1675535 | 4 |
0.022 | 236000 | 2 |
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