I suppose because that's the size of the market.
It's my opinion that OTB won't be attractive to an abattoir when they have buyers who currently supply the huge quantities needed to keep the abattoir producing. Also, it's my understanding bigger pastoral companies can have a buyer look over their stock, give them a price and take care of the freight which is the way it is now as far as I'm aware.
Maybe I'm wrong as it's my opinion only and they will take a significantly bigger slice of the pie than has Auctionplus, but I doubt it.
Positive SPX, page-354
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $2.533K | 315.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 832086 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 5760915 | 12 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |