my post was more rhetorical.......
thats why i take NO NOTICE of their "revenue announcements".....
i know they havent stated the margin.......they havent even stated the average per tin wholesale price.....always only announce healdine revenue numbers.....they NEVER link that to a number of tins....that is no accident.....
but i do know china and i do know the cost of finished IF product. and i do know channel margins in china........and i have NO DOUBT their final margin to their wholesale accounts is much lower than most people here assume.....
WHA Price at posting:
$1.08 Sentiment: Hold Disclosure: Held