XCD xcd energy limited
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Surely this is a screaming buy hereSold down on the sentiment of...

  1. dazzler
    3,616 Posts.
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    05/05/10
    12:01
    Post #: 6657945

    Surely this is a screaming buy here

    Sold down on the sentiment of the sector in relation to the super profits tax, however as I read it this is best described as a resources rent tax and in fact applies to profits generated from Australian natural resources.

    ETE income is primarily not from Australian based resources and as I read it would not be materially impacted.

    Dazzler
    ETE Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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