The really stupid thing is that it is now probably the last opportunity for the Govt to sell the "poles and wires" companies for a reasonable amount (as is happening in NSW) prior to their business model being totally disrupted by the coming revolution in battery storage. Instead they won the election largely on the basis of No Asset Sales, thus ensuring that it is the taxpayer rather than ignorant investors that are lumbered with these dinosaurs.
Then again, if these assets had been sold they would almost certainly have had guaranteed returns based on regulated ROI on their taxpayer funded gold-plated assets which will mean the taxpayer gets slugged anyway...
- Forums
- ASX - By Stock
- RFX
- News 24
RFX
redflow limited
Add to My Watchlist
0.00%
!
9.7¢

News 24, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RFX (ASX) Chart |
Day chart unavailable
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online