Isn't it hypocritical of the govt to wave a wet bus ticket at the fuel companies when the govt's outrageous levy margin is immune to changing retail prices. Oh of course they do it 'for the people' yeah right? Is there actually a government regulator, or just MBIE gathering the data?
I've been wondering why all the interest. Time for a 'please explain' notice?
Worth 5.50 by my model, but the share price seems to be saying some good news is coming.
Heading fast to your last valn bunter; a new high.. CTX in Aus (ZEL's equivalent)is looking int to me too after a big sellout by chevron.Transforming from refiner to retailer.
Well, well, well.... Irrespective of what NZIER says I would still bet a few bob that they dragged the chain last summer with retail price declines on the back of such a major decline in oil price. I still reckon they're thieves and Z is by far the worst in the area I live. They have massively over-played their local ownership hand IMHO.
One wonders if this report was truly independent as it was paid for by Z...just like all those "independent" auditors reports of finance companies were paid for by the finance companies themselves.
When you're being paid a big fat fee by an energy company one can ponder if that didn't affect the outcome ?
Originally Posted by Baa_Baa
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