Initially I think it is more about cutting AGL costs. The new infrastructure will cost less to run than the high costs with the old gear.
We won't see an immediate drop in costs, but longer term, it might be a good call. Right now the market doesn't seem to be happy.
Brutal with this morning.
Buy the dip?
Ann: 2023 AGM Addresses, page-4
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Last
$10.49 |
Change
0.010(0.10%) |
Mkt cap ! $7.057B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.49 | $10.31 | $11.69M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 380 | $10.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.50 | 40870 | 17 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$10.49 |
Change
0.010 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| $10.36 | $10.49 | $10.31 | 194869 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| AGL (ASX) Chart |