EPW 0.21% $2.43 erm power limited

Ann: Daily share buy-back notice - Appendix 3E, page-2

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  1. 1,296 Posts.
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     Every day they buy a few more back. The share price is drifting a bit lower in spite of this, although it is fair to say that the whole market is a lot lower than when the price was sitting at $1.70-$1.80


    The Chair's AGM presentation included the following:

    Assessment of the use of sale proceeds from the divestment of Source Power & Gas will bemade in line with the Company’s capital management framework. This includes investment for growthand return of capital to shareholders, as appropriate. A further update will be provided as part of ERMPower’s FY2019 interim results announcement in February 2019.


    I am optimistic for an increased return.


 
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