ZEL - Z Energy.

[Joshuatree]

From the latest com com annoucement.S/P dropped a few cents

"The merger application is complex and involves a number of markets throughout the fuel supplychain. We have identified and notified Z Energy of several areas that we are continuing toinvestigate. These include storage terminals, aviation fuel, bitumen and the supply of diesel tocustomers who purchase it in bulk or through truck stops. Further work is also required toinvestigate the retail supply of petrol and diesel, as there are a number of retail sites where, if themerger proceeded, few options would remain for consumers.
We are assessing the competition effects of the proposed merger in these markets in consultationwith Z Energy and market participants. "

[Joshuatree]

Good to see Z putting charging units in for Electric cars and offering Biofuel.They are very aware of the sea change ahead.

[Joshuatree]

Commerce commision "requested" an extension in its consideration of the companies application to acquire chevron.S/P off 3.3% to $6.48 atm.

[xafalcon]

This is groundhog day for comcom

Exactly what they did to CNU, twice

Who knows what to read into the delay

[macduffy]

This is groundhog day for comcom

Exactly what they did to CNU, twice

Who knows what to read into the delay

On the other hand, perhaps they have learnt from the CNU experience not to come to a decision without checking the facts!

[bull....]

speaking off solid stocks to own when things are dicey this one must be one to own - makes money when oil goes up, makes even more when oil goes down - not kidding or complaining from a shareholder perspective.

[bull....]

selling of hard, must be on concerns there margins are going to be lower when they are forced to drop petrol prices to match the fall in oil.
doesn't the AA make you laugh with there commentary they should do there homework better margins are the highest ever

[macduffy]

Good to see Z putting charging units in for Electric cars and offering Biofuel.They are very aware of the sea change ahead.

Just as well, if this article has the timing anywhere right!

http://www.wsj.com/articles/in-the-f...olt-1455215871

Disc: Holding a few.

[Joshuatree]

Commerce Commission update Tracking up well from the low of re $5.80 in Feb. Negotiations with com com continue; mkt seems to think this is positive.

[Muppett]

Does anyone know what Craig's or Forsythbarr etc... value ZEL at?

Disc. Holding quiet a few.