AGL - orig. The Australian Gas Light Co. Now one of Aussies biggest energy providers

[Norwest]

Then Queensland Government, via QIC Global Infrastructure Fund's subsidary PowAR bought the 80% controlling state off AGL's in 2016 that have the other side of the contracts. AGL are actually losing money from this offtake agreement with each unit they take off PowAR, and they have to take it. Unbelievable.

Snoopy thats the first thing I looked at when investigating AGL, is to see if I could buy into QIC.

AGL Dipped into $10's today, next stop $9...

[Snoopy]

Then Queensland Government, via QIC Global Infrastructure Fund's subsidary PowAR bought the 80% controlling state off AGL's in 2016 that have the other side of the contracts. AGL are actually losing money from this offtake agreement with each unit they take off PowAR, and they have to take it. Unbelievable.

Snoopy thats the first thing I looked at when investigating AGL, is to see if I could buy into QIC.

I can't stand the suspense! Were you able to buy into QIC?

SNOOPY

[Norwest]

I can't stand the suspense! Were you able to buy into QIC?

SNOOPY

Unfortunately no, it's not publicly traded and I could not find a fund from the institutional investment firm's are that are backing them - if you could find one I would be very interested.

[Norwest]

AGL Dipped into $10's today, next stop $9...

AGL falling heavier and faster than even I thought, opened today at $9.650. Ouch.