GREY:SBIYF - Post by User
Comment by
RE38on Feb 03, 2012 4:38pm
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Post# 19488326
RE: Market access costly but critical for survival
RE: Market access costly but critical for survival Who says that they gave up too much? They get 30% of the revenue and don't share in a penny of the costs. That is an excellent deal. Who says they would have ever been able to pull off 30% margin by themselves in the short term. Look how long it's taking BXI to become profitable. SBS will be profitable sooner than BXI thanks to this, despite being in the game for a shorter period of time.