PEA did well selling. They have had no growth, just steady as...

PEA did well selling. They have had no growth, just steady as rain. And they bought Contract Power to give them their EBITDA increase. They BOUGHT any growth they have had recently.... yet sold at a 40% premium.

ZEN really, I value higher than PEA (I have written a lot as to why... and I put my money where my mouth is). I really do not think any price under $1 would even be considered by Zenith. In 18 months they will be over $1 still with growth to come (a low PE still).

One of the things I like re Zenith is how 'green' they are. That is the place to be... but OUTSIDE the grid. Green in the grid is a nightmare if you are trying to make a profit... there are oodles of 'green in the grid' suppliers. And today I read Origin Energy revenues have fallen over 10% because of so much excess green in the grid.

Here is an old report re 'Green' Zenith. I sure hope it was (and IS) valid. And outside the grid.

https://www.kazresearch.com.au/wp-content/uploads/2017/12/Zenith-ZEN-22.11.2017-Kaz-Direct-1.pdf