From The Age : "QUEENSLAND'S coal seam gas sector, the darling of the resources sector, could come crashing back to earth. Analysts expect it to be one of the hardest hit under the federal government's resource super profits tax.
John Hirjee, of Deutsche Bank, said coal seam gas to liquefied natural gas could be the biggest loser from the proposed changes."
In the last couple of days, BOW is falling from $1.50+ to $1.17, and the falling might continue ... Hey, BOW shareholders, who would vote Labor in the next election ?
BOW Price at posting:
$1.18 Sentiment: Hold Disclosure: Held