AEV 10.0% 1.1¢ avenira limited

yep prospects look real good for RP showing a rise nextweek...

  1. 1,517 Posts.
    yep prospects look real good for RP showing a rise next
    week LOL.
    For those who dont know
    DAP = 1.7 x RP + .44 sulphur+ .22 ammonia + $50 processing

    IE

    RP = (DAP-.44S-.22A-50)/1.7

    = (272-.44x50- .22x210-50)/1.7

    = 90.47

    This RP price tells us where the true price of RP is based
    on DAP which continues to fall infact the headline from
    fertlizer week is "DAP is crashing".No wonder the
    instos didnt want to give MAK any money instead they
    have come begging to the naive shareholders.If you
    think youll make money from the SPP then I suggest
    you dont spend it in advance.




 
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