AST 0.00% $2.59 ausnet services limited

Ann: Trading Halt , page-7

  1. 9,854 Posts.
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    How can you say utilities are more stable than cash in the bank. For a start you have had significant loss of capital value and substantial cuts in the distribution. I wouldn't call that stable !

    I think the price will drop to 80 cents or less.

    Duet has just had there capital raising and are trading on 12% right now. Based on that statistic SPN will be trading at 66 cents. I don't think it will but DUE is a much better buy and probably SKI but they haven't released there capital raising details yet.
 
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