I think you are close to the reason for the price fall Nick - IMO - price is falling as people adjust price due to dividend expectations... reduced margin on NEM spot price, people expect less profit, lower profit = less distributable cash.
industry average yield for utilities is circa 3-4%
I think you are close to the reason for the price fall Nick -...
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Last
$10.40 |
Change
-0.110(1.05%) |
Mkt cap ! $6.996B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.55 | $10.39 | $11.16M | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7874 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.41 | 996 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| AGL (ASX) Chart |