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Origin is not facing up to the past, or the future, on gas – RenewEconomy
Origin Energy’s latest annual general meeting highlights the troubled past and uncertain future of Australia’s LNG industry.
Origin Energys annual general meeting this week highlights the appalling share price performance of the Australian energy company over the last decade.
Investors have lost 69 per cent in shareholder value at a time when the market was rising. Well may Gordon Cairns, the outgoing chairman, lament that Origins share price does not reflect its underlying performance. If, however, he took a franker assessment, he would see that the global gas/LNG sector has long term structural issues that are not going…
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