I think they normally sell FOB, so once loaded on the ship, they get paid. Buyer pays the freight to destination.
CFR, seller pays the freight to destination. BIG difference.
happy to be proven wrong. But I think I’ve got the CFR vs FOB conditions correct.
cheers,
ned.
Ann: Fenix Enters 12-Month Hedging Arrangements, page-23
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26.0¢ |
Change
-0.010(3.70%) |
Mkt cap ! $187.3M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.0¢ | $341.2K | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2127650 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 43654 | 3 |
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| FEX (ASX) Chart |