36% ROE, but when allow for retention of earnings providing half...

36% ROE, but when allow for retention of earnings providing half that, and araging it over the year, I get 47% adj ROE. N
Net profit is $17 mill vs projected 15-16c. Way over prospectus.

Its riding a wave with these appalling increases in electricity charges, mine are up 40% plus in less than 5 years. Its all because ALP governments and their moronic snout-in-the-trough "mates" managed shambles of public service depts who cant manage money at all have been looting the utilities to supplement their income. Back door taxation, pure and simple. The main generators are getting less, not more.
Putting in a slar system is one way of fighting back. There arent many ways in a big city.