Hi Doubledown,
Yes it is positive that they are benefitting from current spot price increases, but potentially also negative if the spot price falls. It appears that at least some product is not covered by current long term contracts with a 3 month price lag, but is instead being sold near the current spot price. The question of interest is whether these new sales are on the market or new long term contracts.
Hi Doubledown, Yes it is positive that they are benefitting from...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |