BPH 5.26% 2.0¢ bph energy ltd

Wooooo Hooooo Go BPH :)$$$$$$, page-26643

  1. 313 Posts.
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    My thoughts exactly.
    The closer we get to election the less likely approval. I believe it's already far too late for this cycle.
    The majority of Australia will be completely ambivalent, even unaware. But for a small amount of seats it will be a negative on the ALP vote.
    Any downward pressure on utility prices won't be felt in the medium term. There is no short term positives for a left leaning government, only downside.
    Approval before the election would be a gift to Greens/Teals. They would have endless ammunition against the government and Albanese in particular.

    In short - Short term politics will always trump long term decision making.



    “a Labor Government that I lead will rule out PEP11,”- Albanese
    “PEP11 doesn’t make sense from an economic, environmental, or energy perspective,” -Albanese
    “should be consigned to the dustbin of history, where it belongs. This is a complete no-brainer.” - Albanese

    * sentiment. Held a large holding long ago, have a small amount left. Hoping to sell if there is another pump. If not, ride it into the ground as cgt loss.


 
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