CNA well placed to take advantage of Brexit which should see price recovery sooner rather than later.....Central Banks well placed to ensure stability across markets....7.5% lift a strong possibility in 2-3 months.
Britain is turning to a new way of making sure it doesn't run out of power, one that could turn the energy market on its head: rather than paying utilities to produce more electricity, it is paying firms that guarantee to cut industrial demand. These “aggregator” firms secure commitments from businesses across the country to reduce power usage and then sell the megawatt reduction they secure to power network operator National Grid, which is increasingly favouring this "demand-side response" (DSR) method instead of paying big utilities to ramp up power generation. Aggregators pass on the revenue to the businesses, taking a cut. Aggregators, like Flexitricity, Kiwi Power or Open Energi, have gained traction in the past year after National Grid launched a promotional campaign to raise awareness among businesses about the commercial benefits of DSR and reducing energy usage. They present a threat to the revenue of big power generation firms like Centrica, SSE and EDF Energy, who are being undercut by these newcomers and losing business in Britain's 1-billion-pound ($1.5 billion) electricity balancing market.
You could be right, tailed off at the end of yesterday and ex divi today should knock another 8p+. add to that futures looking down and lack of support from divi going forward albeit temporary ..........
Now if Mr Market turned more nasty. Still the ex divi thing will be forgotten in a month so you might have to be quick
So far there is little sign that the new shares have been dumped by the institutions that hold them unless of course there is a lock in period (3M-12M?) and we are unaware of this? I was expecting sub £2 on the recent news about this fundraising but that does not seem to have happened (yet).
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