My take, for the little that it is worth.
The market is underwhelmed by the STO announcement- granted it is a down day for all stocks. STO shareholders should be grateful for the approval but it only one box of many that needs to be ticked. My understanding is that the STO board would be still about 2 years away from knowing if the project is an acceptable risk. So, hard to say yet how Narribri makes a difference to any of the chainsaws that WPL is juggling.
Well done if you have not sold today. Unless you had a better use for the money.
DYOR IMHO and wash your hands etc
WPL buy, page-154
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$27.60 |
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