delta, page-2

I have worked on Macquarie Gens assets and on all of Deltas western assets. Both would be nice if could be purchased.

Last year Energy Australia purchased Deltas western power stations. I do not see them selling so soon.

ERM will continue to grow its business by providing great service to their customers.
However I can see them also focusing on the Gas demerger by the end of financial year.
If they play their cards right they will grow this puppy to a nice size in a short few years.

It is very difficult to buy more power stations due to non selling and all the red tape involved with the Governments.
The gas business seems to have great growth potential in the short term.

I am pleased ERM did not offer more money than what MacGen is worth. It is hard to make money when you over spend on a product but have to be competitive in the market place.