Quote Originally Posted by winner69 View Post
Sort of says no growth aspirations from fuel except what the market delivers

So it's all about more coffee and muffins and chocolate bars
Winner,
You are spot on. I had 24 years with BP. Retail margins got tighter and tighter after deregulation. Deregulation was needed. NZ had 1 service station per 3000 people which was 3 times the requirement. The dogs have died and are still dying. It has become a coffee/muffins and chocolate business. If you invest in this IPO then you can look forward to a pretty stable but boring return With a little bit of long term downside.....The fat in Service Station retailing has been well and truly removed.

Better opportunities elsewhere.