Terrible headline result despite an excellent performance by APLNG.
Energy Markets FY22 is a shocker and not really expected - Frankie now sighting higher coal and gas prices with only part of this to be recouped in latter years.
The last time I checked Coal, Gas and Oil are all linked - its called the energy complex, so how could you be hedging APLNG JKM / JCC Oil exposure but not hedging the other side? or even better, as i have said in the past they should completely do away with their amateurish hedging strategy all together!
The continued lack of risk management highlights the ORGs Management team's incompetence - we need a team who is comfortable doing basic calculus - these guys cannot do simple additions and subtractions... I think we need a new team.
Terrible headline result despite an excellent performance by...
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Last
$9.73 |
Change
0.070(0.72%) |
Mkt cap ! $16.76B | |||
| Open | High | Low | Value | Volume |
| $9.72 | $9.79 | $9.69 | $32.42M | 3.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200293 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.74 | 960 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |