Better buys about imo
Appears these guys are about to have the crap sued out of them
Accounts for the demise of the sp i guess
If you look at any prior history this will be in the courts for years !
Power company faces class action over Black Saturday
A faulty powerline that is believed to have sparked the fatal Kinglake bushfire is the subject of a class action against power company SP AusNet.
ETU speaks of “dangerously inadequate aging infrastructure”, of the “maintenance unaccountability of distribution companies” and of a “drastically reduced workforce to work on live lines”.
A prominent SC says if the power distributor is responsible, it could be up for $800 million in damages.
Not hard Just google it !