AGL and ORG might be in the top ASX10 in years to come and CLP might be bigger on HKEx than they r now. They will all be agreeing long term supply contracts and taking out SXY and the others no doubt.
Worth a look at Shell's preso on the BG acq below (47 bil pounds).
It's a frightening presentation, RDS, Heaven's Brewery, down 5%, BG Group up 38%, at that re-rating ORG is worth $16, SXY 60 cents and CTX $52.
Is POO is going back up past $100 into $200? Will gas prices remain so correlated to POO that the Eastern Seaboard of Australia will need to ration gas like Europe did after the second European War 1939-45? All IMHO but please DYOR.
Bonanza times for AGL, ORG and CLP if AGL and CLP r able to cut a deal in the Coopers Basin to get its gas for AGL and EnergyAustralia?
