Oil and feedstock prices have been pretty stable for some time now. Aussie dollar has come back to a better level for companies with revenue/profits in US dollars. Darwin plant is complete, Singapore plant is under construction and fully funded. NFL has opted for large scale plants located near major infrastructure and shipping lanes.
At 37 cents NFL is waaaaaaaaaaaay oversold. The market drop today seemed to be disproportionately centred on small caps. Given the drops in European markets I expect we will see even lower prices tomorrow.
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