When ARW start supplying FMG,they will have production upto 15 million litres pa,with a profit of 20c/litre.At the same time you will see OPEC start to reduce output to get oil back over the $100 mark.Then as Aus starts cutting interest rates so the Aus $ will go down.
They currently have potential customers looking at their product and they have a meeting with an existing customer re increasing their volume.Both production plants,with a bit of tweaking,can produce upto 130 million litres pa.
This is a worthwhile punt IMO.
i HOLD ...SO...dyor!!!
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9.5¢ |
Change
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Mkt cap ! $35.89M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
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|---|---|---|
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| TEK (ASX) Chart |