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0.00% 86.5¢ eastern star gas limited

Yaq, Queensland's annual Gas Market Review, released yesterday,...

  1. sathyath
    504 Posts.
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    10/09/11
    12:00
    Post #: 8942501
    Yaq,

    Queensland's annual Gas Market Review, released yesterday, suggests that if the LNG industry reaches its hoped-for potential, lifting demand for gas for export, wholesale prices for new gas contracts in Queensland could rise from about $5 a gigajoule at present to about $8.50 a gigajoule by 2017.


    http://www.couriermail.com.au/ipad/gas-prices-tipped-to-soar-amid-lng-push/story-fn6ck2gb-1226133480251

    I don't understand why these predicted higher prices are not translating into recent takeovers!

    See my spredsheet below don't you think BOW & MEL SP should re-rate soon after this T/O Drama?

    ESG Price at posting: 77.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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