AXX EPW

re: Ann: ACCC to not oppose ERM Power / Macqu... GP It will be...

  1. Baraka
    1,713 Posts.
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    05/02/14
    15:55
    Post #: 12896598
    re: Ann: ACCC to not oppose ERM Power / Macqu... GP

    It will be interesting who gets it.

    The fact a few have dropped out already means that it will not be as high as NSW wants.

    It is only a deal at the right price, and I think all 3 players have enough discipline not to overpay. It will be who can get the greatest leverage. I think we are in a good position given load growth to extract more than the others. Time will tell.

    Baraka
    EPW Price at posting: $2.48 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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