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/
good one! did make me laugh.So the CEO was just on ABC's 7:30...
Add LPE (ASX) to my watchlist
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $22.52M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $498.1K | 3.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 534057 | 5 |
View Market Depth
| Last trade - 15.55pm 22/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.0¢ | 12.5¢ | 278871 | ||
| Last updated 15.55pm 22/05/2024 ? | |||||
| LPE (ASX) Chart |