The big day is coming Sunday when Red tells us what we need
Quote (26/5/11)
Sportingbet Australia has opened a market on what carbon price the committee will eventually agree on and has installed $20 to $25 a tonne as the $1.60 favourite.
Punters can get $3.25 for a $25 to $30 price, while $20 or under is on the next line at $3.50.
The bookies clearly don't think the fixed carbon price will start at more than $30 a tonne - they're offering $7 for that result.
"We have made the $20.01 to $25 per tonne option the favourite for this market as that looks to be a position that will appease the greatest number of people," Sportingbet chief executive Michael Sullivan said in a statement.
Unquote
Anyone know what the latest ODDS are or have the Books been closed with the $23/t Leak ?
ESG wont worry about it , we are still looking for more Gas.
If over $25 we should get a sp lift , if Under $20 it will be situation normal all ..
Cheers
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