jake0002
Thanks for sharing your thinking.
Points to note:
VicGas spot has increased from a base of $5+/GJ to $6+/GJ in the last few weeks spiking to $20/GJ at times. (aemo website). Winter will likely see much higher numbers as demand increases.
The selling pressure surprised me, the quarterly was as expected if not better. So someone's betting on a capital raise for the next expansion, poor debt refinancing terms or a left field downside. I wish I knew.
COE is becoming cheap. The foaming will be fixed, $24m is less than the writedown APA has taken. Sole will have its day.
The consistency of 48 TJ/d is a comfort. At >70%+ of nameplate capacity, the bankers will be happy and debt covered, just a question of how much it's worth to COE shareholders now?
next quarterly will tell.
my opinions only. dyor.
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jake0002Thanks for sharing your thinking. Points to note:VicGas...
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Last
21.8¢ |
Change
0.003(1.16%) |
Mkt cap ! $580.8M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 21.0¢ | $979.9K | 4.551M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1158981 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 915311 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1141358 | 0.215 |
12 | 357022 | 0.210 |
20 | 948760 | 0.205 |
24 | 1555117 | 0.200 |
10 | 590083 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 939906 | 27 |
0.225 | 826743 | 17 |
0.230 | 1176735 | 9 |
0.235 | 615120 | 13 |
0.240 | 2304872 | 24 |
Last trade - 14.24pm 11/07/2024 (20 minute delay) ? |
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