AWE
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0.00% 94.0¢ awe limited

You are thinking right. But eastern gas markets is so tight...

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  1. g12m0
    1,632 Posts.
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    06/06/17
    17:05
    Post #: 25130223
    You are thinking right. But eastern gas markets is so tight right now. Wholesale gas prices are moving higher and higher. Difficult to get a long term contract. Gas margins will be higher that $5.50 per gj.
    Unfortunately, Watsia is in WA and will be competing with bigger suppliers to supply Perth.
    Also, the valuations of Lattice will have to reflect AWE's valuation.
    AWE Price at posting: 41.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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