not sure what to think; it is all on the rumors the govt it going to take the axe to the electricity industry; I dont buy into that; I think it will all be puff and show; and things will be very steady; the problem with electricity prices has actually been the chop and change - Rudd, Gillard, Rudd, Abbott, Turnbull, Morrison. Introduce Shorten, next, perhaps.
Govt needs ONE SCHEME long term, or just get hands off
so I bought today for long, long term holding; they project the earnings to be steady for at least the next year or so; people are punting on a cut to earnings after next year; I dont think the govt can legislate as 'we, the govt, screwed up policy for 5+ years, therefore we are going to force energy companies to take a loss to cover our screw ups'
I think things will be steady for years. So AGL, to me, is just a defensive, earnings play. I could be wrong, it has happened a few million times in the past.
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$10.38 |
Change
0.045(0.44%) |
Mkt cap ! $6.929B |
Open | High | Low | Value | Volume |
$10.26 | $10.38 | $10.25 | $4.153M | 402.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 7317 | $10.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.38 | 4306 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 4126 | 10.370 |
24 | 11757 | 10.360 |
18 | 8958 | 10.350 |
20 | 11125 | 10.340 |
13 | 25305 | 10.330 |
Price($) | Vol. | No. |
---|---|---|
10.380 | 13382 | 25 |
10.390 | 10941 | 15 |
10.400 | 21303 | 17 |
10.410 | 55090 | 10 |
10.420 | 17565 | 8 |
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