Not sure if selling at the bottom of the market is actually a correct statement.
Would not retailer make more when their input costs are lower rather than higher? If price of oil and refined products (input costs for a retailer) , should they go up, could result in a lower margin for the retailer?
Could there be a case for increased vertical integration in the fuel industry again, Caltex buying seems the obvious buyer but perhaps another major could be interested too?
Not sure if selling at the bottom of the market is actually a...
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Last
$30.18 |
Change
-0.020(0.07%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.36 | $30.38 | $30.13 | $5.429M | 179.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118 | $30.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.19 | 531 | 5 |
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