You can thank the Govt for that, they are phasing out the low fixed rate tarif, its goes up to $1.80 by 2026 then removed entirely.
https://www.mbie.govt.nz/building-an...f-regulations/
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You can thank the Govt for that, they are phasing out the low fixed rate tarif, its goes up to $1.80 by 2026 then removed entirely.
https://www.mbie.govt.nz/building-an...f-regulations/
Lake Onslow?
Yeah ,no?
"From Boston to Waitoa: Fonterra trials 'world-first' organic battery"
https://www.nzherald.co.nz/business/...PEUXRAAR3AVEQ/
The 'new bond' ('Green' no less) has arrived with a coupon rate of 5.82% per annum. (This reflects an issue margin of 1.30% per annum plus the Base Rate of 4.52% per annum.) Did I apply for any? No. For me to be interested the bond rate would have to have started with a '7'. So by my own standard these bonds are 7/5.82 = 1.20, so 20% overvalued. Still it is good to see other more risk tolerant than me 'taking that bond risk'.
Meanwhile the share price has come back to $7.45 today. So based on my $7.22 valuation, CEN is now 3% overvalued. Back to the bottom drawer for my Contact Energy shareholding. And back onto the top of the doghouse for me.
SNOOPY
RMA reform crucial to Contact’s 5.7 TWh pipeline
RMA reform crucial to Contact’s 5.7 TWh pipeline | Energy News
Is the reformed RMA posing any real risk to the geothermal pipeline? If it follows the direction of the three waters reform could we see more red tape around the development of geothermal resources?
CEN bouncing round quite a bit last few days. Any idea why?
Always have a look at the bigger picture if the daily jitter makes you wonder ...
Here are the last 12 months with Bollinger bands.
Attachment 14326
What exactly would you think was unusual the last few days? The daily jitter looks to me quite within the normal movement range ....
I’ve no intentions of selling, great share well run company it’s just unusual to see 2% + daily movements both up and down
Also interesting that nz down 3. Something vs asx up 2. Something??