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KCE decreases earnings forecast due to summer drought
https://www.unlisted.co.nz/Members/u...cement_id=2188
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King Country Energy provides an update on the share buyback process:
http://www.unlisted.co.nz/uPublic/un...cement_id=2203
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Member
Thanks Armillary P C.
The statement says "following the award there was a reduction in equity of KCE".
The question is : "how much was the reduction in equity" ?
Will the company supply this figure ?
Presumably this figure divided by the number of shares in dispute (being 927,473) would provide a fair indication of the extra money that Todd Energy (sorry KCE) under Rob Foster were required to pay out to those shareholders who objected.
To take this a stage further, could this be taken as evidence that the local community who as ratepayers in the King Country (& as such small shareholders in KCE) were taken advantage of by the very company which professes to have the interests of their community at heart.
FOOD FOR THOUGHT !!
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King Country Energy has announced their annual result:
http://www.unlisted.co.nz/uPublic/un...cement_id=2208
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King Country Energy have posted their annual report and their June investor presentation:
http://www.unlisted.co.nz/uPublic/un...cement_id=2213
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KCE named as a finalist in the Energy Excellence Awards:
http://www.unlisted.co.nz/uPublic/un...cement_id=2247
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KCE confirms it will not raise published electricity retail prices this year:
http://www.unlisted.co.nz/uPublic/un...cement_id=2284
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