I'm confused: From the August update "LPE is billing 126.38GWh, an increase from 120.53GWh, at 31 August 2017 representing a 4.85% increase for the month"
From tonights announcment: "The Company is pleased to inform shareholders of an additional 6.03GWh in billing contracts Under Management (UM) through the month of September. This represents a 4.77% increase, bringing the annualised volume to 136.416GWh."
Well, my maths might be a bit rusty, but 6.03GWH on 126.38 is 132.41GWH, not 136.416.
Which is it guys?
I broadly agree with the other comments, but this product might succeed in spite of poor management. Downgraded my sentiment to Hold though.
Ann: Appendix 4C - quarterly, page-7
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