Probably 40 cents, leaves a decent margin of security providing their interest on the debt isn't too high. Batteries could provide interesting prospects for them in the future but I feel Australia's energy consumption growth is still rather subdued from energy efficiency programmes and massive solar panel installation. Just last month roof top solar installs clocked in at 118 MW in February 2018 (15MW for South Australia alone). Incredible really. We're seeing huge solar duck curves at 12pm-3pm for SA with the high rooftop solar penetration.
IFN Price at posting:
59.0¢ Sentiment: Sell Disclosure: Not Held
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