It's all coming down to how you interpret Albanese's focus on 'due process'.
Many on here believe his signaling re 'due process' is posturing to accept a NOPTA approval (We have no choice as the Government but to follow NOPTA's advice).
On the other hand the market seems to believe that Albanese strategy regarding 'due process' is about 2 things.
1. Finding loop-hole not to approve PEP11.
2. Ensuring that he can't be accused of pre-bias and interfering in natural justice and therefore protecting rejection from legal challenge.
My main concern is how politically difficult it would be for Albanese to break another promise so soon after the tax cut changes.
“a Labor Government that I lead will rule out PEP11,”
“PEP11 doesn’t make sense from an economic, environmental, or energy perspective,”
“should be consigned to the dustbin of history, where it belongs. This is a complete no-brainer.”
The political posturing will give result away before the official announcement, but by then it may be too late.
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Mkt cap ! $14.60M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $6.688K | 550.1K |
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No. | Vol. | Price($) |
---|---|---|
20 | 6489956 | 1.2¢ |
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Price($) | Vol. | No. |
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1.3¢ | 1046596 | 6 |
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No. | Vol. | Price($) |
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36 | 9380739 | 0.011 |
25 | 4794000 | 0.010 |
8 | 1379333 | 0.009 |
5 | 1775000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1046596 | 6 |
0.014 | 2008133 | 13 |
0.015 | 233333 | 3 |
0.016 | 104966 | 1 |
0.017 | 512880 | 2 |
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