What this reduced FY22 EBITDAX may signal is gas demand strength and higher spot prices in the SE Australia market, which in the short-term is negative for COE as we're buying but in the longer-term assuming Orbost can be fixed is a huge positive.
Half-full view but not too far from the truth I'd suggest.
imo
jk
Ann: Operations update, page-8
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 21.5¢ | $680.4K | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 495437 | 7 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |