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09:49
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Originally posted by Cathal71:
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I honestly find a lot of the views here quite fascinating. Brookfield renewables are coming across as some evil empire. Let's assume I am ASIC or ASX and I read one of the posts above and go, let's look into this. What do I find? I see a company that is doing more for climate change than the vast majority of any other on the planet. That is probably a cover up though; let's see what has happened here. Oh, OK, They want to buy Origin energy and then invest 20 Billion in fast tracking Australia to net zero while they make money themselves. They are offering a 55% premium to the current share price. Shock horror! How evil! How dare they offer a share price that is greater than their 3 year high. Suddenly we are all angry with this? Don't quite get it.
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Look at Brookfield’s performance with Infigen, no one can believe any representation they make, I do agree the Brookfields consortium is the “evil empire”.
Originally posted by Cathal71:
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Did anyone else listen to the Brookfield renewables earnings call? It was interesting in that the prepared remarks talked of how this was a done deal. Only one of the analysts asked the question about Origin and not surprisingly Conor Tesky said he couldn't go in to detail but he seemed confident. I find this all particularly interesting. I am a shareholder in both BEPC and ORG. If I view it from the Brookfield perspective ( no pun - but there is a really good podcast called Brookfield perspectives) then the deal is done and they are not being quite honest with us. So there are some potential red flags here. They have 2 big acquisitions on the go. Westinghouse Electric and Origin Energy. Westinghouse being one of the the biggest producers of nuclear energy plants in the world - not the fridge people. Origin is the other. I think it is extremely important to them. Interesting to see this pan out.
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Propaganda, like an uncensored website, it should have been restricted and regarded with a grain of salt.ASIC and ASX should investigate whether there was any collusion in the SP?
Last edited by
JCoure :
05/11/23
(20min delay)