CXO 6.67% 9.8¢ core lithium ltd

Why not buy it at spot and deliver into the contract?Rather than...

  1. 3,808 Posts.
    lightbulb Created with Sketch. 576
    Why not buy it at spot and deliver into the contract?

    Rather than "let them source it cheaper", you have a contract, if they don't like it they can buy it out, the contract to supply is an asset as long as the product being delivered into it is being sourced cheaper than the sale price.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
-0.007(6.67%)
Mkt cap ! $210.0M
Open High Low Value Volume
10.5¢ 10.5¢ 9.8¢ $6.405M 65.16M

Buyers (Bids)

No. Vol. Price($)
3 1644860 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 2435187 25
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.