Australia's largest stock trading and investment forum Australia's #1 stock forum

Putins Checkmate move., page-719

First 719 Last

Share
Profile

Follow
Free will

13,068 Posts.

18

03/04/22

08:55

Post #: 60607178
Share

Originally posted by tbirdsrgo: ↑

That may come to pass - only time will tell.

But let us assume for a moment that you are correct (IMO not but just for the sake of the argument).

Joe Blow down the road is hated but he has heaps of firewood - almost unlimited. The price of firewood is $50 per tonne and people buy elsewhere.

Joe Blow puts his price down to $40 per tonne (the others cannot match him for the time being).

Who do you think people will buy from - yes the enemy.

In time the others will have to reduce their price or go out of business (Economics 101).

Sooooooo, let us see how this plays out!

Expand

The discount is already here

https://m.economictimes.com/industry/energy/oil-gas/theres-a-flipside-to-buying-russian-oil-with-a-35-discount/amp_articleshow/90580677.cms

no doubt some countries will buy the cheaper products, but the discount will remain
Upvote

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

IMU

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

There are more pages in this discussion • 261 more messages in this thread...

First 719 Last