@MerrynSW Yes it’s being stolen at this low bid price, even recent takeover comparators show this as a steal. Will other bidders/hedge funds step in for a bargain??
It was at similar share price levels all by itself just a year ago so very opportunistic bidding here.
Due to “power supply restrictions” nothing new. Mostly down to Notwork Rail, failing to upgrade transformers very common on the ECML North of Newcastle. When Hedi, GBR ect say they will increase the number of trains, it’s mostly………..
Over $10 billion is spent on cancer research every single year and the only thing to show for it is a 75% increase in cancer deaths since the year 1990.
Europe’s political class will point at the Strait of Hormuz and the Iran conflict, but the real story is years of self‑inflicted energy policy, deindustrialization, and debt that left the eurozone unable to absorb any external shock.
Broken records for wind and solar subsidies too. Pushing up electricity bills. The rest of us are being fleeced by paying over the odds for subsidised green jobs. £192K per job in wind and solar.
Subsidy and grid integration costs, driven by renewables set to double to £40bn/yr by 2030/31. We spend about £5bn/yr on gas for electricity. Yet gas is the problem?