I disagree that the weather is a poor excuse. The Alinta business provides gas to most WA homes and relies on the heating during winter to get a lot of profits. There is no way that anyone would have forecasted the lack of rain and cold weather that Perth is having. This would have a material impact to the performance of the Alinta Business. How many people in WA would have pulled out their heaters yet?
Very simply : warm winter = lower profits
cold winter = higher profits
- Forums
- ASX - By Stock
- BBP
- i think it's all over
i think it's all over, page-33
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online