Energy security - could they be that stupid to have their transition fuel in hands of a foreign state owned entity? Gas is the Aussies only opportunity to meet targets and not have 100% increase in energy cost. Will Labor govt just think it can put in retrospective laws again or nationalise the gas industry if they don't see their energy transition going well?
New owner will not piss around they will be straight to international courts and get their pound of flesh so either way aussies will have massive insecurity and energy cost locked in and WDS likely to be soft target to have to supply at capped rate as last man standing.
WDS Price at posting:
$25.21 Sentiment: None Disclosure: Not Held
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