My main concern is those number were ALL before the carbon tax crap. I have no idea what the station is worth now, but i am very confident of one thing and that is i can't see anyone wanting to invest in power in NSW with this hanging over everyones head. As for the govt paying to shut it down well that is just a pipe dream imho.
At the end of the day, i dont really care too much as i got my money back from the scheme and this is just sitting in the bottom draw. You never know one day ( a long time from now i suspect) i might open the draw and find a pile of cash, then i will promptly go down to the casino and put it all on red....ahh make theat black....
AEJ Price at posting:
$5.00 Sentiment: None Disclosure: Held