Originally Posted by
Roger
I am worried about you now Snoopy. Your beagle nose is incredibly slow. This was discussed at some length months ago. Meanwhile the price of oil is tanking again and GNE have the worst customer satisfaction of all the power companies. Craigs have a fair value in the late 130's if Tiwai announce full closure...GNE worst affected by miles with no home for their relatively expensive gas fired production and no home for some of Kupe's gas. Worse, their previously held oil futures providing insulation from the big oil drop are running out quickly just like their credits from their depleted imputation credit account. Reduced dividends in FY16 with reduced dividend imputation credits...I think so !!
Who's brave enough to catch a falling knife :eek2: