I don't think the price will hit $1.20 again. The Stock jumped...

I don't think the price will hit $1.20 again. The Stock jumped after there was speculation of a possible buy out. Without the support from the AEMO and further investment in inter-connectors I can't see the company being appealing to foreign investment. I myself am waiting till after the COAG meeting, when hopefully the State governments will complain about the aging energy infrastructure.
I hope that I am wrong as I would like to see the renewable market do well, and then we can catch up to the rest of the world.