In today’s briefing:
- AGL – Down, Not Out. Tight Coal Vs FIDs. And MCB Waiting
AGL – Down, Not Out. Tight Coal Vs FIDs. And MCB Waiting
- In the last six weeks, AGL Energy Ltd (AGL AU) has fallen and is now at the low end of its post-Brookfield bid trading range. Now below the A$8.25 bid.
- AGL has one generator down – the Loy Yang A Unit 2 – which will be back in late Sep. Guidance is left… unguided. There will be a related loss.
- In the meantime, the rest of the producing assets have probably been having a field day. But given shareholder structure, we’re still in limbo.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
