Gas storage is a BIG issue going forward as renewable power generation increase.
Gas supply at RIGHT place at the RIGHT time, with minimal pipeline capacity restraints at critical moments.
Going forward I hope a larger but not dominant capacity goes to the spot market in future. Personally I think we are behind the curve, with Liddel and Earing coal power stations closing in the next 2 years.
COE doesn't have the means to satisfy more demand at 55tj coming out of Orbost.
Ann: Results of Institutional Offer, page-25
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Mkt cap ! $528.0M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $179.3K | 893.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 349490 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 97912 | 7 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.5¢ | 20.0¢ | 412646 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| COE (ASX) Chart |