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6.67%

21.0¢ terracom limited

I think we may see an offer for TER soon as many big buys are...

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hondaxr400

212 Posts.

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06/12/22

10:07

Post #: 65169354
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Originally posted by ainsleym: ↑

The possibility of placing a coal price cap on coal exports makes no financial sense or even commonsense . Firstly, it will have zero impact on energy costs in Oz. Moreover, our international terms of trade would be negatively affected. The government is desperate to reduce our international debt, so makes no sense to cap export prices. Placing a cap on domestic sales would have an impact obviously on Oz energy costs but TER is more or less 100% export, so should be immune. Secondly, a price cap on domestic sales ( for those domestic suppliers) will cause a reduction in state royalties, especially Queensland given their recent huge royalty hikes, hence the Qsld govt wants compensation if this happens, and in theory that royalty hike was meant to offset energy bills for the consumers, so its a zero-sum game up to a point.

By the way, another big crossing pre-market open today, around 5 - 6% of the share registry. Interesting.

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I think we may see an offer for TER soon as many big buys are going through.

TER Price at posting: 87.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 21.0¢		Change -0.015(6.67%)		Mkt cap ! $168.2M

Open	High	Low	Value	Volume
22.5¢	22.5¢	21.0¢	$264.1K	1.239M

Buyers (Bids)

No.	Vol.	Price($)
9	143094	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	169990	5

View Market Depth

No.	Vol.	Price($)
9	143094	0.210
7	179626	0.205
16	561496	0.200
7	322129	0.195
8	310181	0.190

Price($)	Vol.	No.
0.215	169990	5
0.220	141703	5
0.225	60533	2
0.230	124832	7
0.235	168288	5

Last trade - 16.10pm 24/06/2024 (20 minute delay)

TER (ASX) Chart