"Having a marketing background, this is an intelligent strategy because forward sales are usually at a discount to the spot market price."
It also works the other way to protect your prices now to be higher than come November when biomass prices could be further depressed.
Its not unthinkable if we only get $20 to $25 per pound biomass if we rely on November spot prices...
"Having a marketing background, this is an intelligent strategy...
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.820M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94336 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 8701 | 1 |
View Market Depth
| Last trade - 10.06am 12/09/2024 (20 minute delay) ? |
| OLY (ASX) Chart |
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