SOO is already 3 times ahead and with gas retailing as well.
Theoretically they could both get 5% of electricity market over time - as there is only 20 electricity retailers.
The main thing is are u going to make any money from them- will the share price appreciate as fast as other stocks. SOO is the only one that has a chance if and when they release figures with margins greater than 5%
IMO.
Cant see any price gain in SXT, but SOO could treble if they have margins of 15%.. plus the have gas retailing as well. Hopefully some report before the end of this month.- otherwise noone but directors and yourself seem interested.
Going to wait until further news about margins before buying any more. Plenty of other runners out there to put money into- while this is stagnant.
GOE Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
