Looks like it got a speeding ticket today. I bought a small holding of this because I didn't have any Energy stocks and it looked like the best value at the time comparing PE, dividend and so forth. SP became attractive when RIO hinted about closing the alumina plant in year or so, but I'm sure there will be something else to take up the slack. There has even been speculation that Tesla be interested in opening some facility in NZ where they have very good prospects for clean energy. Obviously very happy the result so far, but energy companies like these appear to be flavour of the month at the moment, so time will tell I guess. There are about 4-5 small NZ energy companies all doing well ATM riding the trend. Could be over priced, but I will wait and see.
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