I just changed residential addresses in Vic, given the whohar about AGL Internet, I did a quick check, too complicated and didn't seem very good deal given I don't use AGL gas or electricity.
Just went with my old provider TPG.
A journalist wrote about this before, about how it takes time for companies with big barriers to entry being slow to adapt when things change.
Given my quick experience I wouldn't place too much hope of AGL becoming a leader in insurance, or home internet. Too much like Telstra in years past.
My investment hypothesis is purely on them being in an oligopoly of energy supply and distribution.
Their energy supply barriers to entry are being eroded by renewables but not totally and I am not paying $15 for their shares, I will end up paying around $6 if my plan works out
I think Government must support AGL, page-78
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Last
$10.34 |
Change
-0.040(0.39%) |
Mkt cap ! $6.956B | |||
| Open | High | Low | Value | Volume |
| $10.30 | $10.34 | $10.24 | $41.89M | 4.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1900 | $10.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.34 | 24722 | 6 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |