China will be back in production soon but at much higher prices. Power costs will increase substantially giving OMH much larger profits going forward.
China is working hard to get energy to back to normal albeit with much higher prices. The government just announced that it would allow coal fired electricity generators to charge retail and industrial customers market-driven prices starting on Oct. 15. It also told commercial and industrial users to buy directly from the market or via agents.
Column 1 0 Chinese energy users will get more electricity but at a cost
by alanpatrickryan
China will be back in production soon but at much higher prices....
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $283.5M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $9.572K | 25.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 38.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 45200 | 2 |
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