Brumbypat - I have read the announcements and I don't think they are sitting on them these guys seem to always have a negative surprise the last few years. But lets wait and see on Thursday and the financials - we may have a better idea... these guys just don't have the cash to sit on that much doing nothing waiting. They don't have the balance sheet to match ORG or AGL etc. Sitting on $150m of certificates has a holding cost and significant $ attached - we will see. If this was the case ORG and AGL would be doing the same thing but theres would be multiples of EPW's given their size.
Bring on Thursday.....then maybe we the shareholders will then know what is going on.
Again ALL IMO, DYOR........
EPW Price at posting:
$1.15 Sentiment: None Disclosure: Not Held