Risk management. It was known that the gas included a contaminant that needed removal- and it is known that processes carry a risk of at least partial failure. So if onerous conditions were placed on APA- guess what- it would become more likely that gas fields like Sole- and Kipper before it as another example- would not be developed. COE bought Sole cheap because of the problem. APA contacted with COE because the contract was not too onerous. Now we move on.
Waiting to buy back in at 27c- almost there.
IMHO DYOR
Ann: Australian Domestic Gas Outlook Conference, page-13
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $194.1K | 860.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 391904 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 162820 | 20 |
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| Last trade - 11.09am 03/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |