MEL 3.85% 2.5¢ metgasco ltd

cs analyst on carbon tax winners/loser

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    Sandra McCullagh, Credit Suisse utility analyst released a research report in which she predicts domestic gas demand will expand dramatically and M&A in the CSG sector might kick off:

    "Will a carbon price lead to another wave of M&A activity in the gas sector? The smaller CSG players have languished in recent times, due to a combination of lack of M&A activity, lack of news flow and continual negative press surrounding environmental and landowner concerns. With prices at near 2 year lows for a number of stocks we would not be surprised to see M&A activity come back into the sector over the next 1-2 years as the bigger players like STO, QGC, ORG and AGK look to beef up their own gas portfolio."
 
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