the terrifying thing for all COE investors is that the company will lose money without record spot prices. This is completely out of line with what we have been told - which is the current offtake agreements at around $8 are still profitable. Rather we have to pray for $30-40 spot prices and hope that caps are not implemented.
the business model as it stands is a failure
Gas Price Cap, page-8
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $435.6M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $319.0K | 1.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1096863 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 205301 | 4 |
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| COE (ASX) Chart |