SKI is a great defensive investment. Always a buy under $1.20, if you're lucky.
They own power infrastructure. They rent it out to power sellers and resellers (to deliver the power to your home) and large users of power, some generators and retail customers - you and your family - pay for it as part of your bill.
They have a MONOPOLY and therefore their profits are REGULATED. the AER and the AEMC decide what they can charge.
If you have any more questions, let me know, on this forum. I hold these shares (always) but I also trade them sometimes - it does fluctuate.
Currently, I'm looking to buy in again, at $1.20 or below.
SKI Price at posting:
$1.37 Sentiment: Hold Disclosure: Held