I with you Zman. STP has clients, cash flow and profits. Carbon Dioxide tax will have little if any effect on STP. With healthy margins their is still scope to pass on costs to end users. In fact, its the hospitals that will be seeing the cost of doing business rise as a function of the carbon dioxide tax. Just think of the impost on heating, cooling and washing expenses related to all those hospital beds. As for Medivac, I wait with bated breath for an announcement that actually will bring revenue and profit. I guess their first announcement will be more focused on finding cash to keep the business going, based on the half yearly results.
STP Price at posting:
$1.90 Sentiment: LT Buy Disclosure: Held
