I would assume margins on milk are low
Does the benefit of cash now ( not wait 3 months) outweigh the cost to take funds at say 20% rate?
Yes you can pay fuel, staff etc I get it, but does that increase production and revenue?
Perhaps it does, but what I do know is it reduces margins so failure rate is higher I guess
It would be good for SPX to provide a detailed example from start to finish to show the benefit to the producer even after cost
I assume the producer is limited by the milk produced so could they increase production by receiving funding earlier in the production, maybe it's a yes but an example would be great
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $32.30M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $2.084K | 346.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2755219 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 12688887 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2755219 | 0.006 |
53 | 28603921 | 0.005 |
12 | 14990199 | 0.004 |
6 | 7820009 | 0.003 |
4 | 5000002 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 12688887 | 15 |
0.008 | 7482046 | 21 |
0.009 | 13160107 | 19 |
0.010 | 1088012 | 6 |
0.011 | 362402 | 3 |
Last trade - 12.24pm 15/07/2025 (20 minute delay) ? |
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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