Posted this over in NHC regarding the proposed price caps. Maybe some of you here can provide more insight.
Obviously the answer is to increase supply not cap prices.
Notwithstanding there is currently no obligation that I'm aware of for NHC or WHC to sell their coal to the domestic market. They set/offer a price and if that isn't taken by the power plants then it simply goes to another international bidder. The same applies for gas.
So unless the government implements forced quotas, I'm not sure how price caps even do anything.
Some useful information here from AEMO's latest report. Hilarious to see how Hydro is more expensive then coal. Thought renewables were cheaper?
https://www.aemo.com.au/-/media/files/major-publications/qed/2022/qed-q3-2022.pdf?la=en&hash=92DA4803892ACB2B4D9FB24C16528083
- Forums
- ASX - By Stock
- WHC
- Target $18.72
Target $18.72, page-1495
-
-
- There are more pages in this discussion • 8,343 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.54 |
Change
0.000(0.00%) |
Mkt cap ! $7.144B |
Open | High | Low | Value | Volume |
$8.57 | $8.69 | $8.48 | $21.07M | 2.461M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16994 | $8.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.54 | 10899 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 118222 | 8.500 |
3 | 49356 | 8.490 |
3 | 32554 | 8.480 |
4 | 30696 | 8.470 |
1 | 2000 | 8.460 |
Price($) | Vol. | No. |
---|---|---|
8.540 | 10899 | 2 |
8.550 | 2700 | 1 |
8.560 | 243 | 1 |
8.570 | 15515 | 3 |
8.580 | 12935 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |