scholz deal approved, page-10

no way in the world would i be voting in favor for a 25c takeover, that is crazy.

anyone who has done their research into this company would know it's long term prospects, no question Meretec will be massive but even their model whereby they focus primarily on industry rather than going through dealers is a far better way of operating.

sure, in a slump such as this where industry falls they hurt more than sims or smorgons but when the economy returns to some sort of health they will outperform competitors.... it is basically as simple as this:
1. Industry production starts ramping up
2. Tons start increasing
3. Utilisation rates of new CapEx increases
4. Fixed Costs p/ton reduce
5. Profit increases

I've been in and out of the waste/scrap game for years and it really isnt rocket science