Mighty River, when its water use rights are in doubt?
Meridian, when its deal with its largest customer is in question?
Solid Energy, when it is reviewing all its operations due to the high dollar?
Genesis, when Meridian could flood the market with cheap power if its deal with Rio Tinto falls through, and a future government is likely to sharply increase the cost of its emissions from Huntly?
Air New Zealand, an industry in long-term decline?
It’s not just the Government’s asset sales programme that is a dud, so is its dirty deal with pokie merchants.
Would you buy shares in SkyCity with the Government unable to stop strong new anti-gambling laws and with its dirty pokies for convention centre deal stalled?