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The third para should have read: VIV already provides the option...

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edshann

818 Posts.

100

28/07/18

21:49

Post #: 34609794
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Originally posted by edshann ↑

The advantages to Origin are obvious. What we have not yet been told is what the finance arrangements are for VIV and customers.

VIV already provides the option (rather than paying up front) for the customer to pay over time from electricity savings, so the working capital VIV needs has to be financed by loans and/or equity? Or will Origin make some upfront payment to VIV to reduce the need for VIV to provide working capital?

VIV was already doing such deals financed over time from electricity savings so I assume that would continue. Otherwise we are limiting our market to Origin customers. I agree whether VIV can do similar (or different) deals with other retailers is another question of interest.

We certainly need a lot more clarity as shareholders about the details of the deal. I have emailed the company and hope some details of the deal will be included in the quarterly report. Otherwise we are guessing at what the financial implications are for VIV.

Expand

Originally posted by edshann ↑

The advantages to Origin are obvious. What we have not yet been told is what the finance arrangements are for VIV and customers.

VIV already provides the option (rather than paying up front) for the customer to pay over time from electricity savings, so the working capital VIV needs has to be financed by loans and/or equity? Or will Origin make some upfront payment to VIV to reduce the need for VIV to provide working capital?

VIV was already doing such deals financed over time from electricity savings so I assume that would continue. Otherwise we are limiting our market to Origin customers. I agree whether VIV can do similar (or different) deals with other retailers is another question of interest.

We certainly need a lot more clarity as shareholders about the details of the deal. I have emailed the company and hope some details of the deal will be included in the quarterly report. Otherwise we are guessing at what the financial implications are for VIV.

Expand

Originally posted by edshann ↑

The advantages to Origin are obvious. What we have not yet been told is what the finance arrangements are for VIV and customers.

VIV already provides the option (rather than paying up front) for the customer to pay over time from electricity savings, so the working capital VIV needs has to be financed by loans and/or equity? Or will Origin make some upfront payment to VIV to reduce the need for VIV to provide working capital?

VIV was already doing such deals financed over time from electricity savings so I assume that would continue. Otherwise we are limiting our market to Origin customers. I agree whether VIV can do similar (or different) deals with other retailers is another question of interest.

We certainly need a lot more clarity as shareholders about the details of the deal. I have emailed the company and hope some details of the deal will be included in the quarterly report. Otherwise we are guessing at what the financial implications are for VIV.

Expand

The third para should have read:

VIV already provides the option (rather than paying up front) for the customer to pay over time from electricity savings, so the working capital VIV needs has to be financed by loans and/or equity. Is the deal with Origin the same? Or will Origin make some upfront payment to VIV to reduce the need for VIV to provide working capital?

VIV Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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