This following website has been established by a former investment banker in relation to inconsistencies provided by SKI over the Transgrid acquisition, and raises (potentially adverse) implications for debt ratios and sustainability of dividends.
http://makethemaccountable.com.au/
Whilst the presentation is comprehensive and highly technical (beyond my limited understanding), I have no reason to believe it is anything but independent and informed, and am extremely appreciative of this contribution to retail shareholders - particularly given this individual's (unsuccessful) attempts at liaising with SKI board.
http://makethemaccountable.com.au/r...of Spark’s Investment in Transgrid_a_FINAL.pdf
SKI: accountability and inconsistencies over Transgrid acquisition
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