OTB will be a handy addition to Spenda.
IMO big producers like Stanbroke Pastoral will have no need to adopt online auctions as a way to sell as they'll already be serviced well by cattle buyers from individual abattoirs and feed lots. Where they will excel is in the stud cattle sector where buyers are interested in genetics more so than the condition of a particular animal.
In short, I don't believe the $9.6B market for slaughtered livestock is up for grabs but the $2.07B market share Auctionplus already has is definitely available as is their annual percentage growth.
Positive SPX, page-348
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0.8¢ |
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Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 18292723 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2166516 | 1 |
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