EPW 0.21% $2.43 erm power limited

Yes indeed. I am still a member, and I haven't sold a single...

  1. 7,328 Posts.
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    Yes indeed. I am still a member, and I haven't sold a single share. I haven't lost much on EPW singularly, but it has left my returns in the toilet for this month. Lots of members are disillusioned with the massive baths they have taken on a fair few picks, with no clear signs of catalysts for a recovery any time soon.

    Spot on about not having to make the money lost back the same way, but I am happy to take on another parcel for a quick 20% if not more. They will at least pay out the 12c dividend in the upcoming period - that makes the selloff even more baffling because you would have thought that would have arrested the slide temporarily at least.

    What you have been saying about structural changes in the electricity market is a nailed on fact now. Nonetheless, I am shocked at the pace of the dumping of these shares, even with some positive numbers emerging out of the US. It's almost like the print industry just before the advent of the internet or cable TV before Netflix.
    Last edited by thunderhead1: 22/06/16
 
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