I am summarising various replies and will forward them to my friend in Australia. I will post his comments if he cares to reply to my messages.
No doubt he is making money ,maybe not very efficiently but he thinks he will not make huge losses. Return on capital employed is probably not important to him
More comments welcome
Thanks
No doubt he is making money ,maybe not very efficiently but he thinks he will not make huge losses. Return on capital employed is probably not important to him
More comments welcome
Thanks