AST – AusNet Services | Aussie Stock Forums

Pays to do your homework !!

Better buys about imo
Appears these guys are about to have the crap sued out of them
Accounts for the demise of the sp i guess
If you look at any prior history this will be in the courts for years !

Power company faces class action over Black Saturday

A faulty powerline that is believed to have sparked the fatal Kinglake bushfire is the subject of a class action against power company SP AusNet.

ETU speaks of “dangerously inadequate aging infrastructure”, of the “maintenance unaccountability of distribution companies” and of a “drastically reduced workforce to work on live lines”.

A prominent SC says if the power distributor is responsible, it could be up for $800 million in damages.

Not hard Just google it !

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