standing order, page-9

re: citigroup increases holding T/o target is a possibility either bought out by B & B or AGL who have a large duel fuel strategy in NSW to increase there market share of electricity mums & dads. Given the transportation problems into NSW this gas couldnt be in a better posy.
AGL need to be seen to be growing to warrant there current P/E. No growth puts them into the defensive stock mould of an Origin and would half there p/e