good one! did make me laugh.
So the CEO was just on ABC's 7:30 report claiming he's paying spot price for elec. Either he's completely unhedged/rolling the dice on the spot market, insufficiently hedged and not giving a true story. Either way, I found it very misleading.
Interesting that other similar businesses aren't facing the same issue. Perhaps they managed their risk? I found this really helpful: https://energylocals.com.au/why-are-energy-prices-increasing/
Ann: Voluntary Suspension, page-30
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Last
9.0¢ |
Change
-0.009(9.09%) |
Mkt cap ! $16.21M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.0¢ | $13.06K | 136.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100453 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 8000 | 1 |
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| Last trade - 13.24pm 17/06/2024 (20 minute delay) ? |
| LPE (ASX) Chart |
