We're pretty much at the bottom of the world in progress but you know this so I won't waste my time with you further. The projects AGL have sat on are those they were presumably too lazy to initiate in the first place while their assets became uncompetitive and their share price hit the basement.
Go over to the TLS threads and you'll see similar comments from the holders arguing against the Fibre nbn. Well they got the crap version and TLS profitability still tanked. SPARK in NZ got Fibre and their profitability (and share price) steadily improved.
Sitting on their (AGL) backsides self-evidently hasn't been a good move. It'll be less so over the next 5 years.
AGL Price at posting:
$8.39 Sentiment: Hold Disclosure: Not Held
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