https://www.abc.net.au/news/2022-11-29/government-gas-market-intervention-cap-prices-power/101712130
How do fellow share holders feel about being capped at $10 - 12 per gigajoule??
Origin Energy has a break even price of $3.50....WOW.......... Wondering what our break even price comparison is? Never really divulged in any presentations I am aware of or am I missing this??
Seem's to be putting the shackles on the us little blokes & keeping us whipped?? How does this promote more investment or is it a counter ploy to drive mediocre pricing to find the sweet spot to allow renewables to get a leg up & slowly bleed us, whilst we do the heavy lifting until they completely try to disown us??
Maybe owning / operating the plant/s is the medium / long term key? Increase the tolls?? Glad we bought the Orbost in some unique way now!!!
I'm getting the feeling Albo is going to royally stuff this up?? Also better not mess with those stage 3 tax cuts or they can't be trusted.
https://www.abc.net.au/news/2022-11-29/government-gas-market-inte...
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