The strong run up for AGL maybe a start of something.
Normally a bid for a competitor flushes out suitors as analysts start comparing businesses and work out fair value for a target and a competitor company.
AGL’s coal contracts are advantageous enabling it to run at $20-25/MWH for fuel costs making it the lowest cost producer in the NEM at time when futures Prices are at all time highs.
It would be impossible for a new entrant such as Telstra to build a low cost hedge book in the current environment at any scale with current prices and therefore much cheaper and quicker to take out AGL on the cheap.
The strong run up for AGL maybe a start of something.Normally a...
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 (20min delay)
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Last
$9.97 |
Change
-0.110(1.09%) |
Mkt cap ! $6.707B | |||
| Open | High | Low | Value | Volume |
| $10.12 | $10.18 | $9.97 | $19.45M | 1.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 356 | $9.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 11262 | 1 |
View Market Depth
| Last trade - 16.17pm 23/06/2025 (20 minute delay) ? |
| AGL (ASX) Chart |