I think there was 2.52 at some point
Printable View
I think there was 2.52 at some point
I think MELCA hit $2.20 odd (which didn't include the $0.50 installment), this would have taken to about $2.70.
Its interesting that Meridian are raising up to $100M through bonds...
Seems crazy when they paying out $72M in dividends (nearly 3c per share) per year over the top of what they actually make after tax.
Interesting to note in NBR today
"Electricity retailers raise prices despite talk of fierce competition"
And the two retailers mentioned in that article are Meridian who already raised prices by 2% and MRP doing the same.
I get the rationale. I still think its dumb but hey, if they get to pay out more bonus dividends, who cares right?
looking good
CRUNCH TIME FOR TIWAI POINT TRANSMISSION DECISION .Or will it just be a blip; a time to load up on some Gentailers?
Read more »
Todays Press, Wednesday, 16 March 2016, front page, reports that the dairy farmers in the Ashburton Area use almost as much power as Tiwai Point. What now? All views welcome.