From memory I think you will find that the contracts were struck at a base price(minimum) with ratchet up clause to reflect market price at the time of production.If you go to LYC anns to ASX over the last couple of years and trawl through you will know for sure DYOR
From memory I think you will find that the contracts were struck...
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Last
$6.69 |
Change
-0.055(0.82%) |
Mkt cap ! $6.248B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.80 | $6.67 | $7.291M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 15074 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 10940 | 15 |
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| Last trade - 14.20pm 05/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |