Arrow's gas is "LNG for export and for domestic users". I wonder how much is for domestic users ... the proposed pipeline goes straight to Gladstone, which looks like a good place for the LNG export terminal. And how do LNG export prices compare with domestic prices (a) now and (b) after a squillion PJ are pumped into the domestic market? Methinks there's going to be a lot of exporting going on, if Arrow want to maximise their profits.
I really don't think SXY needs to be worried. Arrow would have to commit suicide to price SXY out of the market.
SXY Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held