Using AEMO data as an indicative guide for spot is ok, but it's not definite that COE will exactly realise these prices. Energy markets are complex.
The STTM gas price in Sydney is mid30s but you also need to pipe the gas there. So caution is required although it's a good indicator as we've seen in the ann.
And as the APPEA chair effectively said today, you don't want prices that are toooo high. Government intervention will then becone a certainty. That's never a good outcome.
just my thoughts, dyor etc. jk
Using AEMO data as an indicative guide for spot is ok, but it's...
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Last
21.8¢ |
Change
0.003(1.16%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $979.9K | 4.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1158981 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 915311 | 27 |
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| Last trade - 14.24pm 11/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |