AEJ 0.00% $8.00 redbank energy limited

maybe it's time to consider what origin would probably want and...

  1. 1,844 Posts.
    maybe it's time to consider what origin would probably want and not want.

    Alinta retail gas and electricity sales -yes(they have their own gas)

    glenbrook in nz-no

    redfern-maybe

    energy trading-no

    power stations-only the gas fired ones.

    Plants tied to mining companies-no

    gas pipeline interest-no

    So why not sit on the fence and see what happens and pick off the assets the new controllers/management will sell.

    Obvious to me-the management were after selling bits and pieces(at their true value) to keep the company synergies intact-maybe those bits were the coal fired stations tied to mining companies and coal fired plant.

    ORIGIN has its own problems-CONTACT in NZ loosing 120k? customers(thru perceived price gouging by most of the public and shareholder/public revolt at management/directors wanting massive pay rises-now cancelled) and low energy prices with some dams overflowing and spot market pricing below cost? leaving thermal generating capacity mainly idle during the last three months i believe.

    Maybe they're hunkering down hoping it doesn't happen in Aussieland
 
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