Yeah, it's a bit roundabout but essentially they are reducing risk of revenue halt. They must have determined that they need to continue a stable revenue stream and cannot afford the risk of a shutdown + wet weather. If they take a 36 day shutdown and they also experience significant wet weather delays from the (almost inevitable) wet summer, then they won't have a cashflow. Cashflow has a tangible value that the board has weighted more heavily than ideal PA production figures.
Yeah, it's a bit roundabout but essentially they are reducing...
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Last
42.0¢ |
Change
-0.008(1.75%) |
Mkt cap ! $894.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.3¢ | 41.0¢ | $4.009M | 9.595M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69956 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 49999 | 1 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
42.0¢ |
Change
-0.008 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 42.5¢ | 42.5¢ | 41.5¢ | 2983537 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| RSG (ASX) Chart |