AGL 0.65% $10.82 agl energy limited.

It's quite telling when the XUJ (Utilities sector) rises 6.31%...

  1. 13 Posts.
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    It's quite telling when the XUJ (Utilities sector) rises 6.31% in 3 days and AGL falls 2.48% in 3 days...it doesn't bode well for AGL if $7.97 is broken.
    Question...Leading into the AGL demerger, would a high or low share price at the point of the demerger benefit the new AGL or the newly created entity. I'm thinking who benefits by keeping the share price low? it appears AGL is being kept on the canvas for whatever reason...thoughts anyone?
 
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