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Re: [sharechat] NZ REFINING


From: "Bud Fox" <bud_foxx@hotmail.com>
Date: Thu, 05 Aug 1999 00:47:32 PDT


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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