They could have done this though by waiting till actual sale time. They end up buying for themselves for oil as well and they WERE exporting to china at a good price. Great Southern's price was fraudulent the sale prices had absolutely nothing to do with the declining market and plunging prices. Yes agree they purchase at a price above other tenderers but they do not have costs of delivery . So all within acceptable bounds. This has been examined.
They did NOT offer much to buyers in 2016 compared to 2015 and so will make a fat profit from the difference there .My source said no offers made this year.
Everyone in Agribusiness were so acutely aware of Southern that this was all being watched. The market prices are good.A very very different marketplace .
- Forums
- ASX - By Stock
- QIN
- R the longs ok
R the longs ok, page-22
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QIN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online