Yeah, there's is nothing sinister or encumbering in the Neerabup Power Stn lag, (it is what it is, briefly), and I am so grateful I started looking over this company in the 1.60 - 1.80 range.
Like you I didn't pick up today's buying opp until it had retraced back up to 2.38 from the 2.20's but I see this as a huge bonus, having been buying again lately in 2.58 - 2.66 range.
The start up costs for the SME entry phase where all priced in and transparent, so really today doesn't make sense. But you do see it across stocks don't you?
I wonder sometimes how much the average investor or fund really understands business.
Glad you picked up some more...
L
EPW Price at posting:
$2.40 Sentiment: Buy Disclosure: Held