MARKETS SPECTATOR: Origin's cold coal

Investors are unimpressed with Origin Energy’s new Centennial Coal deal, which may prove less lucrative than its previous Cobbora investment.

What is it about Origin Energy’s $659 million purchase of coal and hydroelectricity power generator Eraring Energy that has got investors so glum? At 1359 AEST the stock was down 36 cents, or 2.9 per cent, to $12.21, after falling as much as 4.4 per cent to $12.02.

It may be that some investors have concluded Origin’s latest coal deal is not as good for the company’s bottom line than the previous one.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles