This feels a bit like mushrooms running into each other but for my 2 cents...in the Annual Report they have written profitability up in FY19....this was released in October...so they must have an idea of what they are up against with the gas prices coming up...
In FY17 produced about 45 kT with COG $49.7 mil....or $1.10 mil/kT....with about 25% of volume coming from CJV
In FY18 produced about 67 kT with COG $71.3 mill...or $1.06 mil/kT....with about 30% of volume coming from CJV
This would suggest they haven't seen a huge increase in gas price between FY17 and FY18. I reckon they will see some in FY19...but it looks like this will be more than offset by increases in CJV and higher margin tonnes if indeed profitability up in FY19
There will come a day when gas and electricity prices go down IMO...hopefully sometime next year or the year after
The subs are starting to look like an underwater version of the NBN... I would love to hear what they say at the AGM...hopefully they provide all details online
This feels a bit like mushrooms running into each other but for...
Add BIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.65 |
Change
-0.110(2.93%) |
Mkt cap ! $174.0M | |||
| Open | High | Low | Value | Volume |
| $3.76 | $3.76 | $3.63 | $213.1K | 57.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7265 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.69 | 2623 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.67 |
Change
-0.110 ( 2.20 %) |
||||
| Open | High | Low | Volume | ||
| $3.76 | $3.76 | $3.63 | 10019 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| BIS (ASX) Chart |