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
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $27.69M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $2.066K | 344.3K |
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No. | Vol. | Price($) |
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6 | 2110753 | 0.6¢ |
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Price($) | Vol. | No. |
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0.7¢ | 14082760 | 18 |
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No. | Vol. | Price($) |
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6 | 2110753 | 0.006 |
56 | 29048921 | 0.005 |
11 | 14490199 | 0.004 |
5 | 6920009 | 0.003 |
4 | 5000002 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 14082760 | 18 |
0.008 | 7088783 | 19 |
0.009 | 13826773 | 20 |
0.010 | 1188012 | 7 |
0.011 | 362402 | 3 |
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