Whatever the case - FY18 or if delays FY19 profits will be impacted
and the change will lower FY20 onwards. Also with less risk to solar and wind generation in SA, there will be more of it. Also a big risk of other states doing their own risk reduction now that power customers are screaming blue murder.
Had to short - has been a perfect situation for AGL up until now, but the Hazelwood closure has spawned a black swan.
Gas problems have lead to electricity problems and has lead to intervention in the power markets.
SA news
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Last
$10.73 |
Change
-0.010(0.09%) |
Mkt cap ! $7.215B | |||
| Open | High | Low | Value | Volume |
| $10.78 | $10.80 | $10.67 | $4.215M | 392.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2913 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.73 | 2480 | 15 |
View Market Depth
| Last trade - 13.55pm 03/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |