There's been a lot of noise around the Government's plans to float Mighty River Power, Meridian Energy and Genesis Energy.
The debate has been on whether the floats are a good idea for taxpayers generally and whether the sales may be blocked or delayed by the Waitangi Tribunal's review of water rights.
The assumption of investors and the SOE floats' political opponents is that they will be a brilliant buy.
Opponents say it makes no economic sense to sell off to private investors massively profitable assets with monopolistic characteristics.
Those in favour of the sales say New Zealand's stock market needs these high dividend-yielding companies to lure conservative investors back to the market.