No its not a blocking stock by itself, but with LNG in the same boat (trying to secure a gas supply at a reasonable price) its enough to cause a potential predator to have to pay top dollar to get their shares.
I can't see that they are in it for an investment as their business is electricity generation. In their prospectus they list gas supply and prices as a major risk. Is this investment all about de-risking? But even if it is, surely they need to make a much larger investment than 6% for Mel to do a deal with them at any less than market rates.
Just trying to understand their possible motivation and what they might do in the future.
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- sp was brought down so they could buy into it
No its not a blocking stock by itself, but with LNG in the same...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.287M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.317K | 263.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 13004389 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 513939 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 13004389 | 0.004 |
12 | 8476542 | 0.003 |
9 | 21630400 | 0.002 |
11 | 64233175 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 513939 | 2 |
0.006 | 8204964 | 7 |
0.007 | 1100002 | 2 |
0.008 | 1012000 | 2 |
0.009 | 1330000 | 3 |
Last trade - 15.10pm 18/11/2024 (20 minute delay) ? |
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