Price of natural gas futures looks poised to go much higher after briefly topping at $4.40, I'm unceratin what the correlation between AGL and natural gas futures are.
If it posseses a close correlation then that would signal an opportunity ( a quick look indicates, yes they are closely correlated) - hope they are not one of plethora of Aussie resource companies who may indeed hedge themselves out of the money ?
The CRB index is poised to go into boomage mode, but there is a risk our major resource equities may languish into nothingness due to poor hedging policies and management.. catch 22 ?
Price of natural gas futures looks poised to go much higher...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.74 |
Change
0.040(0.37%) |
Mkt cap ! $7.857B | |||
| Open | High | Low | Value | Volume |
| $10.65 | $10.78 | $10.64 | $786.0K | 73.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 252 | $10.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.74 | 452 | 8 |
View Market Depth
| Last trade - 10.19am 18/11/2024 (20 minute delay) ? |
| AGL (ASX) Chart |
