Ann: FY2018 Full year results and presentation, page-32

Stretch has been very vocal about the NEG and the politics which is great. ERM is one of the few companies that have NOT been rorting the market with their gas peakers. They are truly ethical pioneers in the industry who are still making decent margin. Jon says it how it is and the St Baker family are very astute. (No one wanted Vales Point B in 2016 but Trevor was happy to buy it for $1 million and now it carries a $700 million NPV)