fitnfam. I think we do not need to wait for 10 years. A clear trend will develop before 22 Nov 2010. my guess is going up. so far for me it is a good time accumulate the stock if you got the money.
Alinta is expecting an outcome will reach before 22 November 2010. so it is not a bad timing. a lot of economics are predicting our stock market will reach 5000 point in these six months.
Also miners are reopening their billion dollars worth of expansion projects again in WA after dumping of RST last month. More people will be hire and energy demand will increase as a result of these projects. so energy demand will definite go up in coming years.
plus WA government will hike its electricity tariffs again to another 22% in 2011/2012 (possible April 2011 and July 2011) and 7% rise to gas as well.
So I can see the energy market has a good and positive future. As a result of energy demaind increase. So it will give us more power to negotiate a better deal with suitors and banks.
It is up to the alinta management to negotiate a good deal for all equity holders.
AEJ Price at posting:
5.0¢ Sentiment: None Disclosure: Held
