That means they will have less surplus to sell at the current relatively high wholesale prices (page 9). Swings in customer numbers and generation volumes tend to net out over a time period of a few years.
Keep your eye on national electricity demand, an increase of 0.3% for the month and 0.8% for the last 12 months is steady but below population growth.
Look at the electricity they are buying under the swaption contract and what they are selling this at .... in short they continue to do very well from both their own and other generators power ....
Time is a great teacher, but unfortunately it kills all its pupils
Looks like all three main hydro catchments will be spilling today as they sit at or near 100% storage - with plenty more rain forecast to fall in the next few days also .... the rain gods appear to be smiling on shareholders ....
Looks like all three main hydro catchments will be spilling today as they sit at or near 100% storage - with plenty more rain forecast to fall in the next few days also .... the rain gods appear to be smiling on shareholders ....
Can somebody tell me why the price keeps going up, I know about the lake levels and OCR but isn't MEL basically a dividend stock. Am I missing something.
Can somebody tell me why the price keeps going up, I know about the lake levels and OCR but isn't MEL basically a dividend stock. Am I missing something.
You answered your own question ... a dividend stock
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by percy
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