There's no east coast gas shortage, plenty around, it just goes offshore. Neither side of politics was smart enough to put a reserve in place for domestic use.
Ideology eventually gave way to common sense , just took awhile. It was about looking good, now it's about practicality. We're in a good position with a now performing gas plant and another with underutilized capacity that is ripe for a processing deal involving external parties. Even the tech disruptors and auto makers recognize that the transition to renewables will involve a couple of decades.
This has gone from a sell to a hold for me after recent developments, especially regarding Orbost performance.
- Forums
- ASX - By Stock
- Diesel to replace Gas - LUNACY
There's no east coast gas shortage, plenty around, it just goes...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COE (ASX) to my watchlist
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $580.8M |
Open | High | Low | Value | Volume |
22.5¢ | 23.0¢ | 22.0¢ | $464.4K | 2.071M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 141521 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 22836 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 141521 | 0.220 |
13 | 309725 | 0.215 |
14 | 420185 | 0.210 |
6 | 616265 | 0.205 |
15 | 825535 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 22836 | 1 |
0.230 | 183202 | 5 |
0.235 | 608834 | 11 |
0.240 | 1672918 | 26 |
0.245 | 374438 | 9 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
COE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online