EPW 0.21% $2.43 erm power limited

Ann: Mineral Resources acquires ERM Power's holding in Empire,MIN,EPW-EGO.AX, page-4

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  1. 1,018 Posts.
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    I don't know where does EPW source its gas from. It's a good time to buy stakes in US oilers rather than to pay extra divi because the company is expanding.
    An acquisition is going to support the SP.

    Demand for gas powered generation is up amid spot price is down. Remember more volumes more profits.
    I think energy retailers often rise prices rather than to cut prices. Consumers/industrials have no choices.

    http://www.platts.com/latest-news/e...ural-gas-pushes-down-nyiso-prices-in-21721515
 
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