If fossil fuels are no longer commercially viable, AXL will fail. If Green AGL is going to be commercially viable, AGL will succeed.
So either way, half of the company disappears along with half of our investment? Does not really sound like a good strategic direction.
Good management of an undemerged company would be monitoring the transition from fossil to renewable and structuring the company's operations so as to map that transition and maximise shareholder return. Demerged does not allow that flexibility.
BTW, the current board does not qualify for the term "good management".
AGL Price at posting:
$8.87 Sentiment: Hold Disclosure: Held
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