The recent broker report identified the following as a risk: "Wholesale electricity prices: a spike in wholesale prices could increase COGS and squeeze trading margins relative to our 18% forecast. LPE’s ability to hedge against wholesale electricity price volatility is a key business requirement."
With the recent surge in wholesale prices what effect are we going to see on margins?
Wholesale Prices
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $21.62M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $49.51K | 412.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 403582 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 518024 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LPE (ASX) Chart |