Great post but they are confident they will sell newie and qld gas storage facilities for around $400 million to pay down debt plus reduces and underwritten dividend this and next by Macquarie so no cash out. Hence I believe the chairman no raising needed that’s a billion cash off the debt.
bears in control but the business itself is sound and will turn the corner. Selling here is madness and buying as a new shareholder not much downside. The old burnt shareholders I feel for but had a good run.
AGL Future Earnings, page-316
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Last
$11.59 |
Change
0.120(1.05%) |
Mkt cap ! $7.797B | |||
| Open | High | Low | Value | Volume |
| $11.50 | $11.72 | $11.48 | $26.36M | 2.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 571 | $11.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.61 | 6681 | 1 |
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| AGL (ASX) Chart |