Thanks
I bought back today (as have followed this after selling a while ago), but wasn't aware of the size of the abandonment cost.
It does significantly increases the Enterprise Value (as its basically debt that needs to be paid), so does make this riskier than I had thought.
I do think there will be more upside from the shift in gas policy though.
Would rather debt is not used as a funding source for these abandonment costs, as it will shift our balance sheet
Thanks I bought back today (as have followed this after selling...
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $554.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $185.1K | 882.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 1348282 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 431704 | 16 |
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| Last trade - 11.30am 09/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |