The idea I believe is to create a bit on panic in the spot market and lock in longer term contracts at higher than otherwise prices which are then supplied with stockpile reserves. Only works if you signal other suppliers to do the same just like banks and rate rises, refiners and petrol prices. And agree with micky on the price. Shenanigans by buyers has shaken loose some sellers. Stating the obvious I think but they need to follow up with similar results to show it's more quantity than mallee bull.
The idea I believe is to create a bit on panic in the spot...
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 118500 | 3 |
View Market Depth
| Last trade - 10.06am 04/12/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
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