Szalva, that is a large part of the narrative in the ARU story - so makes logical sense. Multi national OEM’s around the world are in genuine fear of not selling product should they buy product outside jurisdictions that don’t engage in sustainable practices.
That is also a large part why I Suggest price decouple as we move into the next few years.
DC (also suggests) this would be the case. Let’s see how the contracts present. Remembering, at times he claimed these contracts could ultimately reach four times as much as the spot prices when they were $40.
Time will tell.
ARU Chart Thread, page-3153
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $406.6M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $513.1K | 3.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1431608 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 171627 | 7 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |