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.
In the short term the company has almost no exposure to natural...
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $88.90K | 3.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1132567 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1243048 | 1 |
View Market Depth
| Last trade - 10.56am 26/11/2024 (20 minute delay) ? |
| EWC (ASX) Chart |
