I have CEN and GNE. I don't know what's a cheap buy and what isn't. I find these daily reports below fascinating, however. Genesis seems to be doing an extraordinary amount of heavy lifting at the moment. On some days Huntly alone is out producing, for example, the combined production of Manapouri (Meridian), Clyde (Contact) and all the windpower produced in New Zealand (what a shame NZ didn't set up a couple more thermal plants, they're cheap as chips to build and our overall electricity prices would be substantially lower).
Anyway, I don't know what this means for Contact or Genesis but I guess someone is buying a lot of production from Genesis. As a buy and hold investor none of this influences my position and I don't have any understanding (or am trying to get a serious understanding) of what this means in any meaningful sense. It just makes interesting reading and is fun to look at.
https://www.energylink.co.nz/sites/d...05_Interim.pdf
https://www.energylink.co.nz/
Today is just another day in thermal generation heaven. The Rankine units are still running 24/7; electricity is still being sent south; wind is making next to no contribution.