Pinned straw:
Broker report from ORG
ORG is one I'm really interested in because of their investment in Kraken
And I think other people are interested in also.
Shares have held up pretty strong and Ausbiz thinks ORG is now trading at a premium, attracting only a hold from both analysts last week
Of course Octopus has a few problems which may benefit competitor products like Hansen and Gentrack
But I think Octopus is large enough to get through their problems and hold firm. The acquisition of former customers on Powercloud to Kraken is already one example
Above is the meaty valuation on Kraken of 3.8bn!
Origin gave me a letter today they are going to replace my current meter with a new smart meter.
Bodes well for Kraken and appears there could be a long runway for growth. But at the cost of a 2 hour power outage.
Wonder what will happen when Kraken finally lists on one of the major stock exchanges such as NASDAQ.
Does appear fully valued here compared to AGL, HSN or GTK but not if Kraken goes public.
[held]