RE: Further Musings17 Apr 2023 10:02
Morning PIP56, you are quite correct except in one respect - Through their ownership of gas pipelines Fulcrum do distribute energy and receive tariff payments from various suppliers for doing so. This is the most attractive part of an unattractive company as those pipelines have an asset value in excess of £20 million and produce reliable long-term income, probably around £2 million per annum - why the heck they don't sell them to refinance the business I don't know?