GNE - Genesis Energy

[alokdhir]

Jeez says 10 year govt going to 5%

Maybe that 230/240 should be 210/220

Last time u didnt get your price of 2.25 this time u increased your expectations to 2.10. ....wonderful

[xafalcon]

Maybe that June spike down of the share price to sub 250 isn't going to be the years low after all

Govt 10 year stock 4.5% implies a share price about 230/240 is on the cards

At share price $2.64 gross yield 8.7% - is Equity Risk Premium currently sufficient?

I have topped up twice in the last 10 days at $2.63. At this price its good buying IMO.

[workingdad]

I have topped up twice in the last 10 days at $2.63. At this price its good buying IMO.

I might be doing the same….. but if a risk to further downside but feeling reasonably comfortable at these levels.

As a side note - XA’s were a great model. The XB and XC were as well. Be worth a bit of coin in the current market if the classics values. With a name like you have guessing you watched bathurst

[Snoopy]

As a side note - XA’s were a great model. The XB and XC were as well. Be worth a bit of coin in the current market if the classics values. With a name like you have guessing you watched bathurst

All true. But if you ended up with an XD model, then you are a true blue dick (or a rock star take your pick.). ;-P

SNOOPY

[workingdad]

All true. But if you ended up with an XD model, then you are a true blue dick. ;-P

SNOOPY

Haha, but at least the ol XD can go bush, albeit with a bit of panel damage trying to squeeze in between the trees…..

[xafalcon]

I might be doing the same….. but if a risk to further downside but feeling reasonably comfortable at these levels.

As a side note - XA’s were a great model. The XB and XC were as well. Be worth a bit of coin in the current market if the classics values. With a name like you have guessing you watched bathurst

Yes, I'm a car guy from way back. I bought the XA in 1989. It has 43,000 miles on the clock. It's a keeper

And yes, Bathurst is an annual must watch. A few of us go to some events in Aussie. Last one was the F1 in 2020, cancelled part way through

[Jantar]

Electricity price went to $200,000/MWh for 10 minutes. With Huntly making 400MW at the time, that's $13.3M

No. The 6 figure code shows an infeasibility in calculating real time prices. The final price has to then be calculated separately. It finally came out at $2,299.46

[xafalcon]

No. The 6 figure code shows an infeasibility in calculating real time prices. The final price has to then be calculated separately. It finally came out at $2,299.46

Price was from WITS. I have a screenshot of it. $199,682.68 @ Huntly @ 0740

[Jantar]

Price was from WITS. I have a screenshot of it. $199,682.68 @ Huntly @ 0740

Yes, but that will be the RTP (Real Time Price) as opposed to the final price which is the price actually paid. I can tell it is RTP as it is at 0740. PRS or NRS prices would be at 0800. Anything above $99,999 is not an actual price, but is an unconstrained price of up to 5 digits with a cause code in front. Any price that is $100,000 to $199,999 is insufficient standby reserve. $200,000 to 299,999 is insufficient actual reserve. etc. There are 9 codes that precede the price, each meaning a different infeasibility. These can appear in the RTP, PRS or NRS prices, but never in interim or final prices.

[Davexl]

Over the next decade - Coming after the Huntly power station near you...

https://www.smh.com.au/business/comp...jobid=29423265