I think bundling the wholesale price increase AND the lack of signups this quarter/half year is pretty poor.
From everything I can find wholesale prices are only down around 7.5% and they should have known this impact to year revenue much earlier than now:
7.5% lower wholesale energy prices:
- https://www.copyright link/business...rop-75-per-cent-in-queensland-20180904-h14whb
+1.5% price drop from Ergon:
- https://www.ergon.com.au/retail/residential/tariffs-and-prices/price-changes-from-1-july
Ann: Appendix 4C - quarterly, page-18
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