I think Brett Redman should also be included... Crib Point cost 130m plus the impairments on the renewables into PowAr Co plus other mis-steps... cumulatively a lot more than this 160m event... but he was also with the board in proposing the value in this demerger before he left.
"The review of the company’s strategic direction will be overseen by a Board sub-committee co-chaired by Vanessa Sullivan and Graham Cockroft utilising internal and external resources."
They havent finished spending money yet... they should have already had this information if they had appropriately considered what needed to be done to shift AGLs tragectory before deciding to demerge.
AGL Price at posting:
$8.66 Sentiment: Hold Disclosure: Held
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