BBP 0.00% 9.5¢ babcock & brown power

Ann: BBP Market Update , page-53

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  1. 3,740 Posts.
    i agree with hope.


    1. alinta can pass on the price increase "The latest dispute still has the potential to hit the State's big business sector - (***which is unregulated***) - if Alinta tries to pass on its higher costs."

    2. only if price land at the highend of the NWS range. "Jason Steed of Babcock & Brown Power, which owns the utility, said yesterday that Alinta's financial position would be "fairly bleak" (***if the price rise awarded in the arbitration process landed at the "high end" of possibilities***) because the contract under negotiation formed a big part of its supply.

    3. the premier refues to bailout alinta. but he is confident there are buyers interest in the business.

    "Mr Barnett said if the arbitration outcome meant Alinta had to change hands, he was confident a buyer could be found - but ruled out the Government. The North-West Shelf Venture declined to comment."

    afterall these all speculations...so wait for offical announcement...
 
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