🚀 go-pugleaf

"The Organiser" <geoff7772001@yahoo.com.au> wrote in
news:407c2f4c$0$16595$5a62ac22@freenews.iinet.net.au: 

<snip>

> few months. Does anyone know why they have since dropped to $6.15 -
> any particular reasons? Geoff

because the market thinks they overpaid for Duke.  The $50 question is was 
the market right and the Alinta board wrong ?  

I do think they overpaid, reading between the lines, if they can make use 
of the underuterlised infrastruscure, they will have paid a fair market 
price, the board are presuming they can make use of this infrastructure 
with extra capacity, if they can, things should be okay, if they can't...  
This begs the question why Duke never "bothered" ?  Maybe Duke are smarter 
then the average bear and got out while the going was good ? 

There was quite a long thread on this in AUS.INVEST, do a search via Google 
Groups. 

-- 
Trevor S


"Unthinking respect for authority is the greatest enemy of truth." 
-Albert Einstein