Actually does the 'cost plus' basis contract mean no matter how low input costs go, the buyer just pays production cost plus an agreed margin?
That would make sense to me, this was one of the merits of going cost plus (to mitigate any downside risk if tallow remained high and diesel went down).
If this is the case, it means dropping input costs is primarily beneficial in securing new contracts (and not of immediate benefit).
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.89M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.0¢ | 9.5¢ | $55.08K | 568.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 274596 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 130655 | 2 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| TEK (ASX) Chart |