government announced agl is highest bidder

Just mentioned on the news that AGL was the highest bidder for Macquarie Generation but still needs to be approved by the ACCC.

The government stated if the ACCC opposes the sale it wont be selling the Macquarie generation assets now and will hold off the sale.
So basically EPW has no chance for the short term.

AGL was the only bidder that bid above the asset value. The rest bidders did not.

I think this will be a comfort for EPW shareholders as many were concerned about EPW funding the sale. But it does stop instant growth.

I still believe EPW can grow and strategically gain more market share without spending billions gaining more assets.

Maybe the shares will start recovering now and head towards the $3.00 mark like before their interest in Macquarie.

Still a great stock to be in now. And this should bring some SP stability again for a little while.