speculative idiocy, page-21

Hi Slippin, I agree with what you are saying, but as you say, its the price that counts and I believe that thats where we are vulnerable or may be as gas prices moderate in our markets.These companies are very powerful and will exert their influence to their advantage, but the amount of red tape and green tape in this country is overwhelming.High wages are only a part of the equation.Admittedly Australia is a stable environment in which to operate
, but the mere threat that these companies will go off shore, including floating LNG sends governments and investors into a spin, hence the fall in the value of these stocks.I believe common sense and a new federal Govt will change the outlook in the future.