Australian Politics Forum - Origin Energy buyout

Captain Nemo

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Origin Energy buyout
Nov 10^th, 2022 at 12:59pm

It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...

Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business. Shocked

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023

On the other hand as a current shareholder...

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Fire the LIAR in 2028!

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Frank

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Re: Origin Energy buyout
Reply #1 - Nov 10^th, 2022 at 3:51pm

Captain Nemo wrote on Nov 10^th, 2022 at 12:59pm:

It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...

Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business. Shocked

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023

On the other hand as a current shareholder...

https://i.imgur.com/J753fdI.gif

You mean in gas....

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Estragon: I can’t go on like this.
Vladimir: That’s what you think.

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Captain Nemo

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Re: Origin Energy buyout
Reply #2 - Nov 10^th, 2022 at 10:43pm

Frank wrote on Nov 10^th, 2022 at 3:51pm:

Captain Nemo wrote on Nov 10^th, 2022 at 12:59pm:

It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...

Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business. Shocked

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023

On the other hand as a current shareholder...

https://i.imgur.com/J753fdI.gif

You mean in gas....

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Fire the LIAR in 2028!

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Frank

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Re: Origin Energy buyout
Reply #3 - Nov 11^th, 2022 at 9:14am

Captain Nemo wrote on Nov 10^th, 2022 at 10:43pm:

Frank wrote on Nov 10^th, 2022 at 3:51pm:

Captain Nemo wrote on Nov 10^th, 2022 at 12:59pm:

It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...

Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business. Shocked

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023

On the other hand as a current shareholder...

https://i.imgur.com/J753fdI.gif

You mean in gas....

https://i.imgur.com/pXY3Y13.jpg

Wink

Indeed.

Australian politicians, State and Federal, blaming Putin for rising domestic energy insecurity and prices is an outrageous lie and cop out, well illustrated by Leak.

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Estragon: I can’t go on like this.
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Jasin Gold Member Offline Posts: 56814 Gender:	Re: Origin Energy buyout Reply #4 - Nov 29^th, 2022 at 10:45pm Oh gee. Here we go again with the ALP. Selling out everything Australian. Probably gonna give big handouts to foreign businesses that fold too, like before. Stupid Lefties.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

AusGeoff

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Re: Origin Energy buyout
Reply #5 - Nov 29^th, 2022 at 11:20pm

Jasin wrote on Nov 29^th, 2022 at 10:45pm:

Oh gee. Here we go again with the ALP.
Selling out everything Australian.
Probably gonna give big handouts to foreign businesses that fold too, like before.

Stupid Lefties.

LOL... it was the Liberals who did exactly that.

Kennett privatised our essential services such as public transport,
electricity, gas and water distribution, and even the state-owned
gambling group, the Totalisator Agency Board, raising billions of
dollars. He also sold off numerous state school properties, and
planned to build three new private hospitals financed by overseas
investors.

So now, because of past Liberal policies, more than half of Victoria's
infrastructure is owned by overseas companies.

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