Penrice Soda Holdings (PSH) listed on the ASX on 4 July 2005 and is the only manufacturer of soda ash in Australia and is the leading supplier of soda ash and sodium bicarbonate to the local market.
Soda ash is used as process chemical for waste water treatment at mine site.
Soon Australia is going to have a lot of new mines, because of the booming mine industry. So the Soda ash needs would be huge after the the new mines are set up.
PSH is the only manufacturer of Soda ash in Australia and Leading supplier. I think its future is very bright.
right now p/e is 9.14. dividend 8.8% per year 100% franked
market cap 65m
I feel it is a very interesting company and worth doing more research.