AGL 0.09% $10.75 agl energy limited.

I don't see the fundamental risk a few are talking about. Chart...

  1. 1,697 Posts.
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    I don't see the fundamental risk a few are talking about. Chart risk as it has been in a solid downtrend but why? In case government regulation steps in to decrease power costs. Kinda would contradict the fact the utilities were privatised in the first place. The Libs for one never let a corporate mate down at any cost or admit errors by then putting controls on power prices, ie Coal/ oil industry/ health insurance. Labor are all talk then use a feather duster to attack the issues in the end so they may make a minor adjustment to restrict AGL growth in future.

    This a large cap expanding utility with a solid dividend. Probably likely to by either side of $24 for the foreseeable future paying close to %5 dividend 80% franked. Utilities are safety in a bear market.
 
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
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