They may be old but are and will continue to be vital assets to Australia and shall produce lots more free cash flow to fund future facing green investment.
We know AGL is a target for takeovers, that was not the first bid to be rejected..... AGL balance sheet getting better by the day and cash flows very strong. New management another huge plus, the old guard were practically thief's and had no vision.
It's an exciting time to be long AGL, even on last years financials it's cheap and we know the landscape is much better than a year ago. AGL is worth north of $13 and is just waiting for the next set of Financials and guidance to take it higher.
Full year results Friday into September strategic review outcome and CEO and Board updates all coming and positive
AGL Price at posting:
$8.50 Sentiment: Buy Disclosure: Held
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