APA 0.56% $7.23 apa group

Good luck, I fear u will need it. The SPs of AGL, ORG and APA...

  1. 12,929 Posts.
    lightbulb Created with Sketch. 132
    Good luck, I fear u will need it. The SPs of AGL, ORG and APA are up for the reason that this Dr Michael Vertigan inquiry is totally expected to rule for energy security and for upstream. Any unexpected decision from Dr Michael Vertigan, a man who has been an ex-Aurora Energy Director and totally sympathetic to midstream and downstream in his past Treasury and Energy background, would be a massive backflip and Dr Vertigan would be potentially open to all sorts of claims and counterclaims from APA if he reversed his lifelong beliefs in energy security, integrated economics and the free market. For him to say Australia does not need any energy security or anything like that, would be met with Court challenges and just energy chaos.

    Any other decision other than to support midstream and upstream may IMHO destroy conservative politics in Tasmania and Victoria so badly, it could be the end of the Liberal Government in Tasmania, Federally and end any chances of Liberals getting Victoria back for a decade or so IMHO but pls DYOR.

    The Tasmanian Liberal Party led by the Hodgman Faction, Michael, Premier Will and Peter, not to mention the rest of the Tasmanian Liberals and Victorian Liberal Left faction would be mortally wounded beyond belief if Dr Vertigan ruled against midstream and downstream in favor of upstream. Matthew Guy as Opposition Leader would be regarded as a Sanders/ Corbynite type figure with next to no chance at the Vic State election.

    The likes of ORG, STO (a South Australian and Queensland Government supported entity, NB: those states r mainly ALP controlled) and SXY getting an advantage at the expense of midstream, APA, DUE, AGL, the other to be sold part of ORG and CLP, owner of EnergyAustralia is very wishful thinking IMHO but pls DYOR.

    Let me know how your short goes, it seems courageous beyond courage.
    Last edited by JCoure: 06/12/16
 
watchlist Created with Sketch. Add APA (ASX) to my watchlist
(20min delay)
Last
$7.23
Change
0.040(0.56%)
Mkt cap ! $9.776B
Open High Low Value Volume
$7.19 $7.23 $7.16 $25.07M 3.477M

Buyers (Bids)

No. Vol. Price($)
4 2462 $7.20
 

Sellers (Offers)

Price($) Vol. No.
$7.23 181493 8
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
APA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.