ASX Announcement
17 July 2012
ORIGIN RESIDENTIAL (TARIFF 11) MARKET PRICING REDUCED TO MATCH
QUEENSLAND ELECTRICITY RATE FREEZE
They had some negative coverage in QLD over the last month regarding raising pricing and then having to back down after the Premier kick up a stink about it all. Maybe this media coverage and pricing back down has something to do with it?
Would not think this would have a huge effect on earnings but something seems to be dragging down the SP at the moment, good time to top up or is there some sort of surprise coming?
how much lower, page-3
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