sustainable competetive advantage?, page-2

Hi Puss,The answer to all of these is yes besides perhaps pricing power. that is limited to the extent that miners may themselves purchase the equipment, this is more unlikely in uncertain times like now. Nearly all pump suppliers are generalists, not providing the planning, installation and specialist fleet of RQL. They mainly want to stand and deliver standard solutions, making money out of the rent. Only major competitors are smaller businesses without the fire power or fleet, so obviously a niche also.I know the game well and hold this stock, traded it a few times. Only major problem is capital required in fleet build up, but ok if you buy with a long term view.
Hope that helps.