Q: Peter; I read this am’s announcement by GRID - after reading- and not understanding exactly what it meant- but to me it was quite positive, would you add to a position ? Thanks.
Rod
Rod
5i Research Answer:
It is just a survey of utility companies (109) to see how ready they are for growth and what concerns they have. This is the fourth year GRID has done this and we would not see it as material in any way. But it is a good way to connect with the sector. We still like the stock but would not add just on this event.