In the short term the company has almost no exposure to natural gas and the reduced price will allow it to acquire feedstock for the Philippines power project at a lower price and ultimately enhance margin via merchant sales. It sells gas to PLN via the Indonesia power plant under a fixed price arrangement.
Obviously the LNG export hub is exposed but this seems to be a long way off completion and who knows where the price will be when it is commissioned.
Nice numbers, page-19
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $15.13K | 757.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1258505 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 77196 | 1 |
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| Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
| EWC (ASX) Chart |
