SP

Interesting to see SP action in the past few weeks.
Investors seemed to have ''written off" the chance or ability of management to protect their retail customers from a possibility of bigger players entering local market and take away more of their customers, so they presumed the next report will show profit and retail customer number as being lower again. No one knows this in advance.

The selling has been relentless and there is not enough buyers willing to step in at this time.
It does not always true to "believe" that AGL has little ability to protect or compete with others and people always say market is never wrong.......but from time to time they do.

Next report will show if the "market" is wrong or the gamblers who buys in now is right one, I personally open to any possibilities and to write off any top ASX company as having zero chance to fight back is not in my book.