I am with 618 on this. A corporation is in business to make...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,296 Posts.
    lightbulb Created with Sketch. 51
    I am with 618 on this.
    A corporation is in business to make money. Whyever sell a product at a lower price, when you can sell it for a higher price?

    Moosey, your argument is with the government for failing to legislate a percentage of gas for domestic consumption - at a preferential rate, rather than the corporation for seeking to maximise profits.

    Consumers are switching to solar for both the economics of it, and because they feel they are doing something for the environment. 1.1 million homes have now done this, well before the gas exports started. The rate of adopting solar may increase due to higher prices, but it was happening and going to happen anyway.

    The one thing I agree with, is that NSW allowing fracking is not going to seriously influence global gas prices.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $644.7M
Open High Low Value Volume
20.0¢ 21.3¢ 20.0¢ $741.8K 3.578M

Buyers (Bids)

No. Vol. Price($)
14 968233 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 751052 8
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.