"Triple bottom failure rate is low , and AGL is the market leader in its sector so I reckon the chance for a reversal is good..."
Dead cat (or no cat) seems more likely to me. While AGL remains market leader at trashing its own assets and becoming nothing more than a middleman with no assets, no money and no base-load power to sell to anyone, AGL is more likely to become market's best ever short. - Lets face it, if you have no assets and no money left, then what does the 15b market cap represent? A right to sell someone else's power at inflated prices when no one wants it into a market with increasing competition?
https://content.agl.com.au/?utm_con...Y-CpgDaUrSYknynB0sBoCZwcQAvD_BwE&gclsrc=aw.ds
=> sound economics or greenie stupidity?
TA, page-4
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Last
$10.70 |
Change
0.240(2.29%) |
Mkt cap ! $7.857B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.87 | $10.47 | $27.26M | 2.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 95552 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.70 | 8619 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AGL (ASX) Chart |
