GREY:BIXZF - Post by User
Comment by
Atheenaon Jan 15, 2011 10:25pm
364 Views
Post# 17979312
RE: RE: BXI Catalysts
RE: RE: BXI CatalystsLurid...it was posted a few months ago on the BB. Also, I think it was on the Solae website as well.
Here is google search I did that brought it up:
https://www.ausfoodnews.com.au/2010/11/19/solae-announces-global-price-increase-for-soy-ingredients.htmlAnyway, an increase in soy equals a more competitive environment for BXI's canola isolates as in a previous conference call BXI management mentioned that they would initially price the isolates below soy to gain market accpetance. Higher prices only make the isolates either more attractive OR higher margin...or both!
Boy is 2011 Q1 through 3 going to be eventful for BXI investors and the company itself. I wonder what the price point for another PP if they do it will be? I'd love to see them over 3.00 for the next PP if that is the route they take.
Good night,
Atheena