EWC
Click for more information
0.00% 2.2¢ energy world corporation ltd

You are incorrect. Traders will bid in at range of prices that...

  1. Aesi
    52 Posts.
    lightbulb Created with Sketch. 8
    clock Created with Sketch.
    21/11/17
    19:33
    Post #: 28997057
    You are incorrect. Traders will bid in at range of prices that have nothing to do with marginal fuel costs.

    If what you are saying is correct there is no need for minimum or maximum prices because sellers offer electricity at marginal fuel prices, period. Right?

    Have a look at "Study of Mitigating Measures for the Philippine Electricity Market" which came out in 2014.

    There is a table on page 4 that shows

    Yearly LWAP Summary, Ex-Ante, System, 2006-2013
    Year Mean Maximum Minimum
    2006 5,036.38 62,179.00 (20.42)
    2007 4,686.80 30,759.40 (2,568.65)
    2008 3,367.03 56,472.60 (102,313.00)
    2009 1,951.86 25,058.70 (103,367.00)
    2010 7,092.68 57,339.50 (543.21)
    2011 4,279.05 64,696.10 (409.64)
    2012 5,479.55 64,124.60 (519.49)
    2013 6,147.10 64,950.00 (0.48)

    The market sets the price from the margin order created by offers. Offers do not necessarily equal marginal fuel cost. Otherwise I will ask you for the magic money tree that pays me 102,313 pesos an hour to burn it.
    EWC Price at posting: 23.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add EWC (ASX) to my watchlist
(20min delay)
Last
2.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $29.24M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 185529 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 75000 1
View Market Depth
Last trade - 09.55am 26/11/2024 (20 minute delay) ?
EWC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.