Hard to say; most utilities don't purchase in the spot market. I think what this will do is just bring the spot market back to where it should be, more with the increased financial buying.
It was obvious that the spot price had been manipulated as well as SPUT, probably by hedge funds short or even utilities, so this evened up the game a bit now and not so one-sided.
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Last
$7.60 |
Change
0.320(4.40%) |
Mkt cap ! $3.032B | |||
| Open | High | Low | Value | Volume |
| $7.30 | $7.76 | $7.30 | $78.73M | 10.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4418 | $7.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 81572 | 5 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| PDN (ASX) Chart |