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08:17
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Originally posted by kiwitrev
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I think all holders will be feeling the frustration of no visible progress given we were lead to believe last spring about six months until "a deal". But what has changed. The SP has halved from 20c to 9's. Would those expressing their frustration not be so inclined to do so if the SP was still 20c. The factors surrounding the critical gas shortage (regardless of what AEMO say) have become more apparent, electricity prices have become an important political issue and are unlikely to be resolved anytime soon. I suspect the resolution or not as regards the NEG this week is an important factor in the decision making of all parties to determine the best way forward in their personal fortunes and until an established formula is agreed can confidence in the energy sector provide the impetus for progress. The giants in our industry need certainty to enable them to make important decisions. So over the past year the gas shortage/energy crisis is now more front and centre in many more minds than it was and heading toward an inflection point at breaknet speed. Just how I see it, hoping for a happy ending like all holders.
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Agree to all of that and the halving share price is what has largely altered "excited anticipation" into "painful frustration".... Share price makes all the difference!
