"The revelation from EnergyAustralia’s parent company CLP, which is listed in Hong Kong, confirms the fact that the price cap and market suspension that was introduced last week probably protected coal companies even more than it protected consumers from higher prices.""
Can you comment a bit more on why that's the case? Any article or other information you can link? I can see articles about it but not why it may have ended up protecting coal companies. I know they get reimbursed for the difference in the cap price and current price, but other than that how did it help them?
AGL Price at posting:
$8.19 Sentiment: Buy Disclosure: Held
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