I very much doubt it has anything to do with contract provisions. Wellard leases the ship from Heytesbury who is also a large shareholder. H acquired the ship from W under a sale and leaseback arrangement to help W through its liquidity issues a few years ago.
Dec-Feb is the wet season in NT and there is very little cattle turnoff over this period. With live cattle prices at record high, oil price at record high, and plenty of ship capacity for the NT-SEA routes, I can understand why it has been dormant.
Cattle prices have been softening in Australia for the past couple of months. With the herd rebuild now complete (post drought), and the wet season over, I reckon prices will come down a long way this year. This will allow live export volumes to SEA rebuild to historic levels, tightening ship capacity, increasing rates…
- Forums
- ASX - By Stock
- WLD
- Ann: Wellard Successful in International Arbitration
Ann: Wellard Successful in International Arbitration, page-36
-
- There are more pages in this discussion • 1 more message 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 WLD (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $23.90M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.4¢ | $1.329K | 29.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 322521 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 277800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 322521 | 0.044 |
1 | 96277 | 0.043 |
2 | 34000 | 0.042 |
1 | 100000 | 0.041 |
1 | 170000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 277800 | 1 |
0.046 | 123468 | 2 |
0.047 | 98999 | 2 |
0.048 | 1835722 | 1 |
0.050 | 154500 | 2 |
Last trade - 15.38pm 12/07/2024 (20 minute delay) ? |
Featured News
WLD (ASX) Chart |