May 17 (Reuters) - Ampol Ltd (ALD) :
- CONTINUATION OF REFINING AT LYTTON WITH GOVERNMENT SUPPORT
- AMPOL WELCOMES FEDERAL GOVERNMENT'S PROPOSED SUPPORT FOR REFINERIES, WHICH PROVIDES VARIABLE SUPPORT PAYMENT OF UP TO $108M PA FOR LYTTON OPERATIONS
- INTENDS TO CONTINUE REFINING AT LYTTON UNTIL AT LEAST MID-2027
- PACKAGE ALSO PROVIDES FOR FUNDING GRANT OF UP TO $125 MILLION FROM FEDERAL GOVERNMENT TO UNDERTAKE INFRASTRUCTURE UPGRADES
- ENACTMENT OF GOVERNMENT LEGISLATION IS ANTICIPATED EARLY IN 2H
- ALSO SEES WILL GET ONE-OFF SHORT-TERM REFINING SUPPORT PAYMENTS WHICH SHOULD BE IN ORDER OF A$40 MILLION FOR PRODUCTION IN 1H
- WILL ASSESS BALANCE SHEET CAPACITY AFTER LATER OF ENACTMENT OF SUPPORT INITIATIVES AND AMPOL'S 1H 2021 FINANCIAL RESULT
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Last
$30.05 |
Change
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Mkt cap ! $7.160B | |||
| Open | High | Low | Value | Volume |
| $30.45 | $30.51 | $29.89 | $15.01M | 498.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3427 | $29.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.19 | 815 | 1 |
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