The upside is returning to value as a gas producer, to around the previous 35c mark. We are already seriously oversold with the international gas price drops and Australian gas cap news and overall attacks by the Victorian government towards the gas industry.
However there is now plenty of pressure and support to cut the gas price cap with the gas price actually rising 20% since being implemented. Plus, don’t be surprised to see Dan Andrews disappear in a similar manner to the NZ PM. These covid lockdown tyrants hated by the public are seeing the end of their time in power and the next year will see plenty more of them ´retire’ imo
Gas Price Cap, page-54
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Last
17.8¢ |
Change
0.008(4.41%) |
Mkt cap ! $455.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $208.2K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 112721 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 874027 | 20 |
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| Last trade - 11.23am 19/11/2024 (20 minute delay) ? |
| AEL (ASX) Chart |