Iberdrola are not signing up with LVT. LVT is just going to jointly market their product. If you believe in climate change you should be very enthusiastic about contributing to reduce your negative contribution to the problem. Since a majority of Australians appear to enthusiastically support climate change scenario there should be no shortage of takers, although when personal contribution becomes an issue - like high costs of electricity due to lack of electricity & the inconvenience of not have power available or self restriction - enthusiasm seems to wane. Many large companies may see the use of this product as a badge of honour and pay their employees contributions for them, so the employees feel they are contributing, while experiencing no personal financial loss. The beauty of LVT acquiring the small companies is that they fill out the LVT product and provide multiple reasons for large companies to take it up. Everybody needs a reason to demonstrate they are contributing. Imagine if the CBA contributed the full amount for their employees.!!! Bundling it with Reach is always a possibility. Every tool is needed and a big step forward. LVT IS NOT DOWN AND OUT AND THE SHARE PRICE IS NOW BARGAIN BASEMENT.
LVT Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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