Just wanted to give a brief update on Abaxx Technologies on this beautiful Friday afternoon.
Abaxx revenue per trade is $10 ($5 buy/sell) and break even is 8k volume per day. One LNG carrier is 300~ contracts and if each contract exchanges hands 55x that’s $192k revenue per LNG cargo.
*350 contacts per cargo
Thank you, Nathan! I really appreciate the information.
Abaxx revenue per trade is $10 ($5 buy/sell) and break even is 8k volume per day. One LNG carrier is 300~ contracts and if each contract exchanges hands 55x that’s $192k revenue per LNG cargo.
*350 contacts per cargo
Thank you, Nathan! I really appreciate the information.