disagree OGG. The majority of costs for a lot of businesses are oil based products. It would be extremely difficult for them to absorb a +40-50% increase in costs especially when they operate on skinny margins.
The price increases they'd have to implement would reverberate through the whole global economy and I don't believe the global economy has recovered enough yet to withstand the shock.
Municiple debt is the big worry. Some towns don't have enough money to operate the snow ploughs in the US so the roads are left blocked.
$90 oil with pigs, us slump and soveriegn debt, page-6
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Last
83.0¢ |
Change
0.010(1.22%) |
Mkt cap ! $398.9M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 84.0¢ | 79.5¢ | $1.315M | 1.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49727 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 8582 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FFM (ASX) Chart |