EPW 0.21% $2.43 erm power limited

2016 Guidance Affirmed, page-336

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  1. 1,214 Posts.
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    For anyone who doesn't know the energy industry there are two important things to note:

    1. Wholesale prices haven't been spiking like mad this summer. (Despite many stating they would, they are in line with baseload futures of $80-100/MWh with the closure of key powerplants)

    2. Retail rates have risen massively.

    That means a company like EPW is in a good position. Whilst it may not do as well with the Oakey station, I don't think they should sell it off as a hedge is necessary in the energy markets.

    Retail margins will be UP UP UP!
    Last edited by leasx: 01/11/17
 
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Currently unlisted public company.

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