I am fully aware of what LT fundamentals are.
point still stands that Agls strengths are being diminished - continuously. Telstra will not be the best retailer... but it is the increased competition that will harm the future earnings of demerged agl retail arm... reducing the long term value of this business
combine that will the loss of vertical integration of energy generation and retailing, reduced profitability of coal plants and risk of further impairment on ppas on renewable output as increased supply enters market... It paints a poor picture for agl now and in the future demerged situation.
the board are just letting it happen
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