Seems as though the Flex contract could be re-negotiated, if the Mexican workers are paid in their currency, which I gather they would be. Aren't Flex and RFX working together to bring down the cost of the batteries, with the intention to shares any gains?
Perhaps Trump will change his mind as regards renewables as he seeks to find jobs for the displaced auto workers of the Rust belt, perhaps incentivising Flex to return production to the US. Sub 30c? How do you work that one out?
Peso at record low., page-4
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $3.086K | 27.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134051 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2134 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |