Investment thesis27 Oct 2023 14:23
I think we've all had things we've invested in - and then looked back overtime and realised it was a mistake. But for the life of me I can't really understand the continued SP decline on this one. Diversified markets, good yield, debt not a huge problem - even with the recent financing facility, increased political push for use of renewables in the markets the company operate in. I just cant really see why people are selling now other than losing faith and 'cutting their losses'. To me the fundamentals of the business continue to look strong. One of the deep value opportunities that I'm hoping the market will wake up to, or someone else likes what's on offer and makes an offer.