the p/e valuations of this company to its peers are extraordinarily high... can anyone provide me some insight as to why this business is valued so?
I understand that they are a 100% green energy play... and that in addition to their hydro assets, a few solar partnerships a few wind turbines sites with a few more approved, awaiting on favourable metrics prior to construction (current energy demand in NZ is flat - extra supply would lead to lower prices).
But why the recent surge in price???? surely not the Kogan deal
MEZ Price at posting:
$4.57 Sentiment: None Disclosure: Not Held
