Australia’s high electricity prices set to get worse, page-2

Some points to remember

♦ VIV was cash positive last quarter and is a cash generating asset, unlike most nanocap stocks on the ASX today. Inflated penny stock companies with market caps of over 100 million will get obliterated in a market downturn.

♦ Australian energy prices are higher than ever before and look set to get worse: this is affecting the bottom lines of businesses everywhere. In the scenario of a trade war increasing expenses, the benefits of energy efficiency are both more apparent and necessary. This is especially true of VIV's blue chip clients like Woolworths and Coca Cola wanting to protect revenues.