jean - I'd say au contraire. Mining and agricultural products produced by Australian businesses and farmers in those sectors have no price controls. The producers are what economists call "price takers".
As such, it takes extra management skill to run and grow your business where such a major factor like "pricing" is totally out of your control. You're left to rely on productivity improvements and cost control - which is why Australian miners and farmers have to be so efficient (and well managed).
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Last
39.5¢ |
Change
-0.010(2.47%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $11.29M | 28.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 604000 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 778552 | 11 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| VAU (ASX) Chart |