seagull departure

Hi Folks,

We all know a lot of seagulls came in for the kill with their $500 purchases. Watch for these mini sell orders.

The good news for other small holders is these are likely to fly off without you sharing your chips with them, can't see many tying their money and risk up for a couple of weeks, also knowing they are likely to get scaled back, with the profit vs buying on market now a measly 3%.

Doesn't help us larger holders if the smaller loyal folk the SPP, but I for one would rather share the spoils with you than with the seagulls (no offence meant to the seagulls, I've done it a couple of times elsewhere myself).

csg is on the nose atm, but imho it will be a big year for it next with the FIDs for LNG plants rolling out, and the arguing over ETSs etc largely moving on to decarbonising electricity (and with abundant gas and some of the dirtiest coal power in the world Eastern Australia is low hanging fruit).

Might be worth missing the SPP, might not, DYOR, but regardless the current market weakness might be a great opportunity to get your fill of BOW, with a very derisked sp from the CR, and some great recent progress. Remember Mather paid 108 half a story ago.

EL