AEJ 0.00% $8.00 redbank energy limited

alinta close to 600,000 customers, page-11

  1. 1,844 Posts.
    galileo

    i agree,i can see an interesting future for the shareprice.

    the trouble is most people are short term orientated and cannot see the trees for the forest.Most are concerned that they are holding risky shares,in a company that may not be able to,or be allowed to recover.
    It leaves them feeling vulnerable and concerned,even if they have done their research,that the value may be snatched from them.
    The daytraders have gone and only the diehard bargain hunters hang on waiting for news.
    If its any consolation,if one part of Alinta near where i work,can budget to upgrade three or four old (specialist computers)because the are old and a bit clunky,i don't see that part of the business being under fundamental stress,just the Alinta holding company having short-term rating/valuation/confidence issues.Nor do i see that part of the busines not replacing or training the new staff which they have since employed,unlike nearly a year ago when there was an apparent buying freeze on everything,(they were also running short on manning then),just before Alinta got rid of BBI and redid their loans.
 
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