Energy World

According to the company’s website, Energy World built Australia’s first liquefied natural gas (LNG) plant in Alice Springs over 18 years ago. Today it’s focused on developing LNG infrastructure in Asia, such as power plants and terminals, as demand for LNG is growing rapidly. Sexy as it sounds, unless they used brief bouts of enthusiasm to sell high shareholders have had a miserable time of it since the company listed in 1988. More recently after peaking at $1.40 in April 2008, the share price has fallen to a lowly 35 cents. Energy World is a highly capital intensive business...

According to the company’s website, Energy World built Australia’s first liquefied natural gas (LNG) plant in Alice Springs over 18 years ago. Today it’s focused on developing LNG infrastructure in Asia, such as power plants and terminals, as demand for LNG is growing rapidly. Sexy as it sounds, unless they used brief bouts of enthusiasm to sell high shareholders have had a miserable time of it since the company listed in 1988. More recently after peaking at $1.40 in April 2008, the share price has fallen to a lowly 35 cents.

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