RE: Asset life8 Apr 2024 12:16
I agree, topped up last week at 61.1p. The confirmation of the dividend last month was a confidence booster for me to invest more. We need 9 years of dividends for a free ride and let's be honest, BESS will not disappear in the next 5 years with so much focus on green energy. I am also thinking as EV infrastructure gets better and more cars are sold, energy requirements will increase - a typical EV battery requires 70kw + for full charging - that is a lot of electricity when compared to typical household use of electricity without EV. I am not sure where is all this extra capacity coming from?
GLA