Is this Friday Oct 16 1986 mark 2?

[Crackity]

Ugly drop at the close - precipitated by the milk payout cut.....?

I couldn't resist the thread title but who knows.....

Ooopppss 1987 - sorry fat iphone fingers...

[tim23]

Think the milk pay out cut was well anticipated fall on the ASX did the job on us FSF actually rose quite nicely

[Major von Tempsky]

Actually I think its Contact Energy/Origin overbalancing Mark 2, read Patrick Smellie in today's The Press.

Origin has a $28 billion gas investment in Queensland and about to lose it's investment grade rating/price of gas somewhat sick, so had to flog of CEN at a cheap price and a number of serious investors sold off some of their other holdings in a hurry to take advantage of it.