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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18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $475.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $546.3K | 3.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 504378 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 149668 | 3 |
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| COE (ASX) Chart |