Hard to read that the sell-off is related to the other items...

Hard to read that the sell-off is related to the other items mentioned (trading, Oakey, gas or announcement) - after all, ERM are forecasting sales growth of 28% in FY14, 20% in FY15 and the government contract kicks in in FY16.
Also find it hard to see Macgen being the reason, will take some time for the AGL, ACCC thing to work out and NSW govt didn't like offer from ERM. Could end up being a joint bid which changes everything but cannot see this unfolding quickly.
Which makes the sell-off hard to read, given the yield and forecast growth on ERM.