McAleese will disappear out of Fuel transportation. Maybe the remaining players will be able to claw better margins. By June this year, Cootes gone, Shell retail gone and BP retail either gone or restructured. Coles and Woolworths will continue to discount and gain market share. Both together now have 48% of the retail market. Government think they have a say. Well dream on. You were impotent when I was in OIl and nothing has or will change. Only concern now is for an orderly change-over of contractors. And what a logistical and capital knightmare. And it's coming when Australia,s refining and supply systems are radically being restructured. This is when big cock-ups happen. My thoughts only.
MCS Price at posting:
$1.09 Sentiment: None Disclosure: Not Held
