Stop it guys, this is just too much :lol: :lol: :lol:.
Best Wishes
Paper Tiger
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Best Wishes - as always
Paper Tiger
Keep in mind that hydro power is considerably more valuable in winter than in summer, but it's generation cost is identical. Wind (when it blows) is deferring some hydro generation, and that deferred hydro can replace some thermal in winter which increases profit. I believe this is MRP's strategy as they wind down Huntly. But water reserves must be built up in anticipation due to projected faster drawoff and lake water level management rules
This is just my take on the situation, interpreting the data and information.
Tomorrow Monday 11th May is the last day for MRP IPO holders to qualify for Loyalty shares 1:25 which are issued 21st May. Loyalty is a strange description, it has felt more like a noose. Energy companies taking a beating lately.
Agree (for a change), us longs won't care too much, we've already weathered a few storms. Not sure what you mean by "Traders won't get them anyway". I'm glad I accumulated a few more below IPO and pre-election so still nicely ahead overall. Just punishing myself that I didn't trade out of my non-IPO holdings when the price was screaming 'get out', a missed opportunity. We'll see how the longs feel if the price continues down to the election breakout, or below, it may present a nice accumulation opportunity again, unless Snaps is correct on his EPS projections, though I think we're below his fair valuation already? The chart, fwiw says oversold on a number of indicators, but they've been stubbornly oversold for some time now. I'll stick with my weekly chart for an uptick before getting too much more into MRP.