Don't forget the shareprice reflects the future not the present. Gas costs will increase, there will be a power shortage on the east coast next year. But recent sp movement has not been about that, even though relevant. A lot has happened since guidance last feb and BIS mgt don't have crystal balls?
I'll be interested to see the recent short position when released. Also any changes to substantial holders. Some entity paid a hefty premium (easily recovered by shorting) for a reason and they know what's coming.
Upcoming AGM, page-47
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Last
$2.69 |
Change
-0.100(3.58%) |
Mkt cap ! $128.2M | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.77 | $2.52 | $1.383M | 521.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1921 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 1922 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| BIS (ASX) Chart |