InvestorsHub Logo
Followers 4
Posts 650
Boards Moderated 0
Alias Born 06/13/2011

Re: OCR8now post# 10110

Wednesday, 01/09/2013 3:09:34 PM

Wednesday, January 09, 2013 3:09:34 PM

Post# of 11962
With BMSPF's 90 acres and Drax's 10 acres both going to the Port's Board within 1 month of each other, it can be presumed that they aren't the same parcels of land. With the two companies operations being "compatable" with each other, I'm also speculating that they are working together.

If anything bothers me, it's the "non-compete" agreement that you mentioned. If BMSPF had to agree to not compete with Drax in certain markets, it might limit their market share if Drax decides to enter into new markets that they aren't currently in.

Phillip