Originally Posted by
Snoopy
Yes perhaps my extrapolation was a little high. The point I was making was, Contact has a lot of hydro assets. In broad brush terms it is a very similar company to MRP. Of course we do not know the projected price for MRP yet. But if it were noticeably more than CEN in PE terms, because of the high demand for shares, would it make sense to invest in MRP? In the short term yes as all of those index funds would have to buy MRP share at any price. But six months down the track, would you as an MRP investor still be looking so clever?
SNOOPY