Mr Fraser told Reuters: AGL is looking at a range of potential acquisitions, armed with $800 million in spending capacity.
IFN shows Market Capitalisation ~$ 270 million
Yes, can afford an adequate open offer and still get the assets on the cheap.
Sentiment:
IF can find spare cash BUY more at moment.
Our politico-economic environment increasing support for alternate energy.
Whispers again middle east and Saudi oil available figures overstated.
Tony Abbott's supporters over confident upon last election near victory, forgetting issues that left them in opposition.
Malcolm Turnbull detects scent for change, needs avoid shooting himself in foot trying to please Tony Abbott, so in a difficult position !
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