Forum Archive Index - August 1999
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Re: [sharechat] NZ REFINING
Because it gets a per litre fee for processing the oil, not a % of value
fee, thus with oil going up in price the amount used might even drop and
thus total income might even drop.
Bud
>From: "Golf2000" <golf2000@ihug.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] NZ REFINING
>Date: Wed, 4 Aug 1999 09:38:03 +1200
>
>could anyone help a novice investor why NZ Refining shares are so low when
>oil is going up and they have a monopoly on refining in NZ? thanks
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