I did, from memory I hopped on the horse when it was ~ $1.80. People want safe yield in this environment mate and the electricity industry's ability to supply looks stretched to me so GNE's diverse generation portfolio will be used to maximum effect going forward in my opinion which raises the prospect of increased dividends in the future.
Good safe horse to ride for a very long time
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I think out TRA,HGH,and GNE only TRA would be included in The BCS [Beagle Consumer Staple] Index.
That would be because you need a car to get to work to earn money.
Without at job HGH would not want to know you,and without money GNE would not supply you power....................lol.
I am expecting a very strong half year result. Happy holder.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Does one know Bull if meridian get better out of this deal than buying at a specified rate and being able to sell at spot to users. Is it as simple as assuming GNE are doing better out of this arrangement than selling to the spot market ?
Does one know Bull if meridian get better out of this deal than buying at a specified rate and being able to sell at spot to users. Is it as simple as assuming GNE are doing better out of this arrangement than selling to the spot market ?
Hard to think this would be at market as meridian could simply buy spot on market without the hassle of a forma agreement.
From the meridian monthly announcements it appears they make money on aquired generation so wouldn’t be surprised if they pay a fixed rate for this generation.
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