Well whilst under-utilisation of any contract/infrastructure is clearly sub-optimal, the announcement does state that the minimum charge was already accounted for and as such, is not an additional cost on the books. And they get to pay it over 12 months under the new agreement so that also assists any immediate cashflow.
Certainly not the best and I share your overall frustrations but this contract revision, is also not a disaster. Once (if?) production ramps up as expected, then these inefficiencies disappear.
- Forums
- ASX - By Stock
- Ann: Aurizon Logistics Agreement - Extension & Variation
Well whilst under-utilisation of any contract/infrastructure is...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.002(5.26%) |
Mkt cap ! $34.65M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $5.255K | 134.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 120000 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 378517 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 120000 | 0.039 |
2 | 169499 | 0.038 |
1 | 26500 | 0.037 |
3 | 447234 | 0.036 |
4 | 237786 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 378517 | 2 |
0.042 | 122633 | 3 |
0.043 | 460739 | 3 |
0.044 | 343896 | 3 |
0.045 | 22244 | 1 |
Last trade - 12.13pm 02/10/2024 (20 minute delay) ? |
Featured News
CXM (ASX) Chart |