"Well the market doesn't think so - as I write it is $8.39"
I feel you are misinterpreting events.
prior: SP slowly rising in anticipation of the breakup improving value.
recent : market recognises breakup being stymied by Cannon Brookes & reduces SP.
when you misinterpret something this obvious I don't trust the rest of your assessment.
A sound point made elsewhere : Cannon Brookes wants to destabilise the coal power industry to make his renewables generators more valuable + gain access to the customer base. In another world that would be recognised as a monopolistic play and penalised accordingly.
splitting off the coal and retail allows the retail sector to buy/sell energy without loyalty or favour to the coal generators. If the renewables can woo consumers on their own merit, the coal will founder via market choices.
manipulating the market to distort market choices will not benefit the market, only those manipulating the market, even then it's risky.
"Well the market doesn't think so - as I write it is $8.39"I...
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Last
$9.32 |
Change
-0.010(0.11%) |
Mkt cap ! $6.286B | |||
| Open | High | Low | Value | Volume |
| $9.32 | $9.38 | $9.29 | $10.15M | 1.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78295 | $9.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 756 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$9.34 |
Change
-0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $9.34 | $9.38 | $9.29 | 297854 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| AGL (ASX) Chart |