Maybe my understanding is lacking somewhat but if selling electricity isn't making much for AGL might as well sell the coal they own from Loy Yang directly to the global markets instead. Seeing the mine has an annual coal output of 28Million tonnes (as estimated by the vic gov) and the current going price is about $418.75 USD/tonne you figure..
Maybe brown coal is worth alot less and it's not worth their time?
Estimated output:
https://www.mineland.vic.gov.au/mine/loy-yang/#:~:text=Located%20to%20the%20south%20of,of%20approximately%2028%20million%20tonnes.
Current price:
https://tradingeconomics.com/commodity/coal
Surely AGL management has thought of this already? Or maybe not?
- Forums
- ASX - By Stock
- AGL
- Why not sell coal instead?
Why not sell coal instead?
-
- There are more pages in this discussion • 3 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 AGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$11.52 |
Change
-0.045(0.39%) |
Mkt cap ! $7.746B |
Open | High | Low | Value | Volume |
$11.56 | $11.57 | $11.50 | $2.566M | 222.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2244 | $11.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.52 | 4762 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70 | 11.530 |
16 | 6020 | 11.520 |
12 | 9017 | 11.510 |
20 | 13121 | 11.500 |
9 | 14142 | 11.490 |
Price($) | Vol. | No. |
---|---|---|
11.540 | 2385 | 10 |
11.550 | 5041 | 10 |
11.560 | 5582 | 12 |
11.570 | 10362 | 12 |
11.580 | 18691 | 11 |
Last trade - 11.02am 05/09/2024 (20 minute delay) ? |
Featured News
AGL (ASX) Chart |