COE 1.09% 22.8¢ cooper energy limited

Ann: Quarterly Report - Q2 FY23, page-6

  1. 250 Posts.
    lightbulb Created with Sketch. 36
    Yes COE are noting $8.38/GJ, while Govt is capping price at $12/GJ.

    To work up the total selling price you have add on the pipeline tariff (this includes their profit), and gas distribution costs (this includes their profit) - onto that $8.38/GJ COE get,....these adders result in total gas price exceeding the Governments cap of $12/GJ.

    These pipeline and gas distribution assets are now likely foreign owned,.....and acquired through deals most likely facilitated by the LNP coalition....
 
watchlist Created with Sketch. Add COE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.