I think you are overthinking it. If they sold on the spot market, the spod still would have gone to China in all likelihood. They obviously feel they will get a fairer price this way, and a contract gives them certainty over outcome. Of course they want to lock in certainty of revenues. I can't see any problem here.
The hotcopper threads are challenging, but if you put the effort in you'll realise there is a lot of talent here. You just need to ignore the noise.
All imo.
G
I think you are overthinking it. If they sold on the spot...
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 385809 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 116000 | 4 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |