CTX 0.16% $25.21 caltex australia limited

Ann: 2017 Full Year Profit Guidance, page-12

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  1. 5,760 Posts.
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    yes JC, interesting point.

    there is an undeniable correlation between POO and pump price mark up.

    this phenonoma is very noticeable during the customary discount cycles. the actual variance between peak and trough is much greater than in mid 2017.

    in other words, they mark up percentage wise, so they rake in the dough.

    and the Govt. gets extra tax anyway, so that's why we have an overpayed white elephant as petrol commissioner.

    ps- but who would want a bar of CTX anyway. at $34, they pay bank interest for divvies.

    cheers crazypunter
 
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