Yep was a golden handshake from AGL management to a mate at MQG, reduced debt now and higher free cash flows so debt is reducing.
Time to keep dividends low and point to the future and churn out the remaining and significant free cash flows left in the coal fleet whilst spending on green replacements.
I'm still a believer AGL will be take over before the years out, $10 plus easily
AGL Price at posting:
$8.15 Sentiment: Buy Disclosure: Held
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