Champ
I have never understood the premise that because a supplier can't make money below a certain price then that price will hold.
Firstly, producers will sell below the cost of production for a time because:-
1. They have hedged.
2. They believe the terms are short term and wish to maintain their client base.
3. They hope to eliminate weaker competition.
4. They can shut down their less economical output in the short term.
To suggest that breakeven is some sort of base price may make sense on a long term basis but not over a one or two year time frame I suspect.
- Forums
- ASX - By Stock
- XJO
- whooshka ... a new global epoch ...
whooshka ... a new global epoch ..., page-54
-
- There are more pages in this discussion • 12 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 XJO (ASX) to my watchlist
|
|||||
Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a |
Open | High | Low |
7,987.9 | 8,079.0 | 7,979.5 |
Featured News
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
NEWS
Biotech innovator secures $5.5M R&D tax incentive refund – major boost for cutting-edge programs
XJO (ASX) Chart |