There is no way that this type of thing is going to be profitable in Australia. In addition there is enormous resistance to change in banana fibre harvesting practices here. I doubt PPY could even find a farm willing to get a trial up and running with its reputation.
Unless stem harvesting is done as part of a push for modernising and mechanising banana harvesting, I doubt it will be touched anywhere in the world.
Also I very much doubt that 1 tonne of stems will make anything like 100 kg of fibre. the 90% water component is far heavier than the 10% fibre component. I would guess that 1 tonne of stems would make less than 30 kg of fibre based on how high Ramy's little boat floated in the water!
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Mkt cap ! $5.726M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 580130 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 580130 | 0.010 |
1 | 500000 | 0.009 |
9 | 3047275 | 0.008 |
3 | 771713 | 0.007 |
4 | 412764 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 100000 | 1 |
0.012 | 699928 | 2 |
0.013 | 523257 | 2 |
0.014 | 10520 | 1 |
0.016 | 50000 | 1 |
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