NS
Daily spot prices become weekly averages, weekly averages become monthly etc etc
Spot down slightly again last night - dropped about 2.50 in 3 weeks . You oil comparison is a bad one . What we pay at the pump is impacted by currency , refinery margins, retail profits and a oligopoly of sorts. Look at the oil price and compare the impact on oil producer SP and their balance sheets ( STO , ORG , AwE ) and there you will see the impact of oil prices.
For the same reason why were getting excited when spot price was jumping , we should be monitoring the fall
NS Daily spot prices become weekly averages, weekly averages...
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Last
$13.17 |
Change
0.020(0.15%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $13.29 | $13.39 | $13.04 | $23.61M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7662 | $13.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.18 | 22798 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |