the terrifying thing for all COE investors is that the company will lose money without record spot prices. This is completely out of line with what we have been told - which is the current offtake agreements at around $8 are still profitable. Rather we have to pray for $30-40 spot prices and hope that caps are not implemented.
the business model as it stands is a failure
Gas Price Cap, page-8
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $481.8M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.8¢ | 18.0¢ | $268.4K | 1.457M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 936216 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 240771 | 28 |
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| Last trade - 14.23pm 30/09/2024 (20 minute delay) ? |
| COE (ASX) Chart |