Unlikely impact on WA as WA has already got its 15% for dom gas so already priced in. East Coast gas suppliers are the ones who need to be concerned.
With the current ausi dollar and oil prices we are looking towards a 7-8% dividend yield during a Scarborough, SNE and browse development. No growth is priced in, the cash low currently being reinvested is not even priced in, and this is as we are barrelling towards an LNG shortage.
WPL Price at posting:
$36.91 Sentiment: Buy Disclosure: Held