RE: Acquisition of near-term electricity production20 Mar 2025 19:23
@milnrowmug I can't speak for the vagaries of the SP. I hold lots of stocks the market undervalues. It doesn't seem to be an exact science.
IMO it's positive that AC has bought in that why would he buy if he didn't think the SP would go up, but why he thinks the SP will go up and when are not known.
I assume the acquisition will come before the collection of ICC1 but it could always be that the latter is sooner but timescale was uncertain at the time of the raise.
I'm not making a wider point about it being a long time to get the ICC1 money. I don't know when that will be.