re: Ann: CBD not to proceed with acquisition ...
An option for CBD (and Solco and other small generators, who may be renewable) is to have a 'boutique' retail agent.
The retail agent would cherry pick bigger consumers and link them with a myriad of small electricity producers.
The owners of the wires would, in effect, become common carriers for what are almost private deals between Joe Blow's warehouse rooftop PV and Henrietta Jane's cold room a block away.
There would be less overhead doing that than taking on 30,000 households.
Apart from the above, the previous posters are spot on; what is CBD up to? does it make sense for a start up with little cash to be tasting so many puddings?
CBD Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held