Maybe a sparkie has reattached his earth strap, to bring 'em back to earth.
Printable View
Maybe a sparkie has reattached his earth strap, to bring 'em back to earth.
Contact, Meridian etc about 30% off their highs, would have to drop to about 16 to keep up with the big boys.
Re yesterdays price drop.
Some must have got the wind up, as they heard Meridian are going ahead with the $395M Harapaki windfarm in Hawkes Bay.
Maybe Meridian are the current undisclosed offtake partner.
That may amp things up a bit..
https://www.nzx.com/announcements/368190
HY to 31 Dec 2020
http://nzx-prod-s7fsd7f98s.s3-websit...190/341099.pdf
Apr 2021 - Div 0.15 cps .. Holy **** that's a bit rough when last year's Div was 0.70 cps in Mar 2020 .. ;)
Okay maybe a bit harsh .. but I see Electricity Derivative losses up to 7 digits (just over $1 mill) in recent period
Fixed supply contracts - didn't these come off in the period, then new ones ? If so thats a fair wack of unrealised
derivative losses in a short time
The other thought is no Imputation credits here -- so holders get wacked for 33% into Govt Coffers
rather than add on credits & deduct added 5% of the total ..
After Imputation credits seems a better comparison basis for NWF against other producers IMO
2020 (refer to earlier posts) looked like 1.8 cps total Div
2021 to date 0.4 plus 0.15 = 0.55 cps YTD 2021