CSL: Australia's best resource stock
Our tour of CSL’s (ASX: CSL) US facilities in March offered plenty of surprises. From the Deep South, CSL looks a lot like Saudi Arabia. Like any miner, you need things to run as efficiently as possible to minimise your cost of production. CSL’s biggest expense is the plasma itself. As you’re reading this, there may be up to 2,000 people donating plasma in CSL collection centres and each one will be paid around $30. This situation is foreign to most Australians, with paid donations being illegal here. But the Americans take donor compensation to a new level. Not only are donors paid, but CSL markets to them directly with special offers, a ‘frequent flyer’ program where you earn points to redeem gifts, and even CSL ‘scratchies’ to win prizes after your donation. All up, CSL’s 191,000 active donors can make $300 a month. (VIEW LINK)
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