Exactly.
Most Aussie producers underwater is not a period of “stability” by any stretch of the imagination, imo!!
fwiw I expect a rebound into the $15-25/kg carb pricing in the not too distant future; how far exactly is the 10 million dollar question.
imo spikes higher are to be expected along the way also, as the supply side farts and burps its way along, as there is no such thing as nice even supply growth in such a rapidly growing market - afaict.
GLA
Ann: A$25m Capital Raise to Support Full Funding of HMW Phase 1, page-45
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16.0¢ |
Change
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Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $666.3K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 644360 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 104536 | 2 |
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| GLN (ASX) Chart |