Answer: higher interest rates make it more expensive to use debt to fund building new power plants and mines, making it less likely that a supply response to crazy high power prices will occur, leaving them to be elevated much longer than it interest rates were lower.
Target $18.72, page-158
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Last
$8.32 |
Change
-0.110(1.30%) |
Mkt cap ! $6.960B | |||
| Open | High | Low | Value | Volume |
| $8.40 | $8.57 | $8.21 | $70.24M | 8.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23024 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.33 | 13633 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |