Starts ASX trading tomorrow 11AM AEST (1PM NZT) under ticker code "CEN".
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Starts ASX trading tomorrow 11AM AEST (1PM NZT) under ticker code "CEN".
Remember those Ozzie institutions got their shares at $NZ4.65. At $NZ4.95 they are still booking a good profit and are freeing up cash to invest in the downtrodden Aus market, a market they understand. The question is, now they are selling at what seems to us such a bargain price, will they be prepared to keep selling all the way down to $NZ4.65 equivalent?
SNOOPY
Gee I wonder if Sir Ralph perhaps regrets his new position....he does come highly recommended....
As snoopy says can "El Nino" be our saviour...
Well, seems as though Australian Super likes them going by the SSH notification.
it likes selling them at anything much over $5and it only has 34M left.
Attachment 7653
Will El Nino actually help Contact Energy sans Otahuhu B power station? Te Mihi makes 165MW whereas Otahuhu B is 370-400MW... so presumably Contact's ability to go long on their generation portfolio is reduced.