- 14 February 2005
and in a tweet on Sunday night. Mr Cannon-Brookes described the demerger path as a "terrible outcome for shareholders, taxpayers, customers, Australia and the planet we all share".“The Consortium is withdrawing from the process to take AGL private and believes that the company’s demerger proposal is not in the interest of shareholders, consumers or the planet," a source close to both parties said.
A terrible outcome for his own personal wealth more likely.and in a tweet on Sunday night. Mr Cannon-Brookes described the demerger path as a "terrible outcome for shareholders, taxpayers, customers, Australia and the planet we all share".
Nailed it.A terrible outcome for his own personal wealth more likely.
Bottom line is the world has a major energy crisis unfolding. LNG and black coal prices have gone through the roof and oil price is rising rapidly now too.
In that context AGL's Loy Yang operation, mining its own coal at minimal cost, has massive value in the medium term and the hydro operations are likewise valuable albeit on a smaller scale.
Current SP plus the divvy still plenty less than last take over offer... if I was a holder, I'd be a little peeved, especially when looking at the last 7 years or so of the chart...Divvies! Nice to see when you haven't been paying any attention to it.
All true.How they spend their profit is the key IMO.
Yes, just checked, I bought in on the 21/12/2021 @$6.04. it is the first time I've owned a elect utility company, was never a big fan of the sector even though I worked in it, but with this current change over to renewables I think there is an opportunity for a clever operator.All true.
However, as a trader / investor, they make it easy for us to not have the decision about where to spend our profits. Just have a look at the chart !
But again, I will say it does look like a bottom is in, and quite solidly too.
Can I ask @sptrawler , are you a holder of these gaslighters ?