"show me the money" .... the recent high was a classic beat up to sucker the last CR .... nothing short of STO declaring Mahalo to start will satisfy market doubts. With Albanese returning "from an extensive VIP OS trip" "decisions about the cost and availability of gas for the East Coast are imminent" .... meaning a standoff is about to be tested - if the government doesn't make concessions in exchange for better tax returns and more gas availability, then the gas industry will go on an investment strike. The extraordinary bid for Origin energy shows multi-nationals value our energy producers, and any such takeover will be funded by massive borrowing, which will result in Origin paying no tax for the foreseeable future .... So is this the choice for COI and BLU shareholders ? Take the under bid and run ? 40% of top 100 companies pay no tax ... ever ... the more things change, the worse it gets ?? Meanwhile the EV revolution is more mirage than miracle ... buy battery metals, but don't buy a Tesla unless you like cues for recharging
COI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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