It's hard to see where IFT's and MCY's interests would conflict - IFT favouring Trustpower's interests over MCY's, perhaps?
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It's hard to see where IFT's and MCY's interests would conflict - IFT favouring Trustpower's interests over MCY's, perhaps?
Very high wholesale prices on the last day of mcy financial year and hydrology good so should be a stunning annual result.
Final quarterly result out today
Confirms record generation.
Also a trend to higher NI prices-$78 mwh compared to $64 SI.
Confirmed also that 1.8% growth in whole market driven mainly by a 1.2% growth in Urban.
I have now sold out totally from contact and using proceeds to buy more and more mercury
who would have thought a after ift say not interested in mcy in tlt
buyers seem to like mcy over ift on the recent news
To be honest not much stocks are undervalued, most are priced in or overvalued...
interesting feature page on electricity storage in todays Herald-Tasmania is going for pumped hydro in a big way.
Its got real longevity and is really green
If anyone is going to the AGM on Tuesday it would be great to ask if mcy have scoped this fully.
We know there has been record generation and income but I do wonder if the sp has reflected how well mcy are doing
Low interest rates and,extra pot aluminium will reduce available SI energy.
Current high prices are promising