The Australian today: Money pit too good to pass up!, page-5

JB
There are always alternatives....

I think one of the key issues influencing SP is that waste disposal in Melbourne is an extremely lucrative business in the control of a few major players (ie few comparable stocks). Retail and institutional investors are naturally cautious about the permitting issues for NAG, but also perhaps more than a little prejudiced about investing in waste. Two axioms spring to mind:

1. All that glitters is not gold
2. Where there's muck, there's brass.

NAG investors buy both. IMO
Cheers R-7