Here's the crux of it:
The Australian side of the business is rooted, but it's not losing cash and still contributes to earnings. They should sell Oakey for what it is worth and just be a pure retailer IMO.
The US is the future of this company. With Trump on an infrastructure bender and waving the middle finger to renewables, the demand for centralised electricity remains as strong, if not stronger than ever. EPW operates on far better margins there and can disrupt that Commercial and Industrial market just as they did here.
For what it is worth @FSW, you can go through my posts to see that I called the halving in share price 10 months ago. Unfortunately, you're too late to the shorting party. This company remains in an uptrend and now is a nice time to add to your position on a pull back due to a misunderstanding of the last report. Bet those who sold on that news will be crying into their cereal when EPW sells the certificates for $120 a pop rather than handing them over to the govt for $65.
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