Asset write-off is the derivative going to 0 given wholesale energy pricing. This lowers their downside risk in case COGS (wholesale energy) costs more than they can sell it for.
The previous 6months showed the opposite (price hedges went up, operationally they made very little)
Asset write-off is the derivative going to 0 given wholesale...
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Last
$11.04 |
Change
-0.070(0.63%) |
Mkt cap ! $125.2M | |||
| Open | High | Low | Value | Volume |
| $11.10 | $11.11 | $11.04 | $23.52K | 2.129K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $11.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.13 | 1172 | 1 |
View Market Depth
| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| TPC (ASX) Chart |