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[sharechat] Australian Gas and Light(agl)

From:	"laura bishop" <lool@optusnet.com.au>
Date:	Sat, 5 Aug 2000 08:15:51 +1000

Anybody here own or follow this stock?
Currently trading at around $10 (asx) pe of around 12.5.  AGL is the
puppeteer behind NGC (and soon transalta as well).Good solid stock paying
good dividend which I realise is not so popular at the moment.Currently
protected by a special nsw government convenant excluding any entity from
owning more than 5% of its register.Supposedly this convenant is to be
reveiwed in the near future.It is also widely accepted that this convenant
has somewhat stifled agl 's shareprice .Any of you fish know much about it?

I own these babies (or bathwater )


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