Shaw and Partners rates AVL as Buy (1) - Weak renewable generation has triggered a resurgence in coal generation in NSW and QLD, notes Shaw and Partners. The Australian Energy Market Operator (AEMO) recently confirmed electricity produced from wind turbines has dropped to 12% since June.AEMO calculates wholesale prices rose 23% to $133/MWh across the national electricity market (NEM) in the three months to June.Australian Vanadium's flow batteries represent a large scale, longer duration answer to the grid storage problem, with better environmental credentials than lithium-ion cells, suggests the broker.The company has completed the first phase of the Optimised Feasibility Study for its Australian Vanadium Project following the merger with Technology Metals in February 2024.Buy rating and 8c target price retained.
- Forums
- ASX - By Stock
- AVL news
Shaw and Partners rates AVL as Buy (1) - Weak renewable...
Featured News
Add AVL (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $137.8M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $10.50K | 664.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 21948661 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1791873 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 21965328 | 0.015 |
35 | 10002385 | 0.014 |
18 | 5301641 | 0.013 |
13 | 5145722 | 0.012 |
16 | 4272002 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1891873 | 14 |
0.017 | 14284946 | 52 |
0.018 | 9263408 | 24 |
0.019 | 3754837 | 11 |
0.020 | 6920770 | 15 |
Last trade - 10.55am 31/07/2024 (20 minute delay) ? |
Featured News
AVL (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online