UXC has signed contracts for $46M for smart meters. I wonder what impact it will have on the company, especially after the losses with the governments energy loans fiasco.
Refer to the Age web site: http://www.theage.com.au/victoria/plug-pulled-on-smart-meter-plan-20100322-qrdc.html
I would have thought that the share price would have been impacted today - Am I the only one to make the connection?
I sold out today - should have done so then shares were trading above 70c.
Any thoughts?
Al Baby
UXC Price at posting:
45.0¢ Sentiment: Sell Disclosure: Not Held