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
What this reduced FY22 EBITDAX may signal is gas demand strength...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $982.6K | 4.563M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1184877 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 896669 | 26 |
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| Last trade - 14.33pm 11/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |