Search

Aviva questions Synergy power deal

Shunned Mid West power proponent Aviva Corporation has fired a warning shot at state energy retailer Synergy following the retailer's decision to award lucrative power supply contracts to state-owned generator Verve Energy.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Comments

Perth
Congratulations. No wonder our power costs are going up. A monopoly such as Verve, who cannot supply the States power needs now, must think all their Xmas' have come at once. Oh well WA - Wait Awhile- here we go again!

Kingsley
Why is that the so called "power brokers" (pardon the pun) of this state continue to make such short sighted decisions in relation to growth and progress in our regional areas? I see this as such a backward step regardless of Verve's competitive tender. The Mid West region is crying out for a local power source. But then again nothing surprises me in WA anymore.

Piesse Brook
Supplying power from the dirty polluting coal-fired power stations of Collie to the Mid West is a good example of the stupidity we've inherited from a Labor and Liberal successive governments. The answer is simple: re-merge Synergy, Verve and Western Power and manage our electricity market properly for the good of Western Australia. The electrical market rules by this very decision prove that it is a complete failure, that defies good logical decisions. How can you have a fair market when the Government owns 90% of it. Worst still, it is increasingly going to hurt us tax payers as this failing market continues to lose money and Government keeps putting the tax payer band-aid on it. The evidence is there for all to see.

Eneabba
With Iluka looking like closing our little town will be left floundering. Young families are leaving town and many houses are up for sale. The hopes of Aviva putting us back in work are diminishing, thanks to our government

Add your comment

BNIQ sponsored byVelrada

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
755thDecimal Software-59%-38%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/01/16
$49k Bought
28/01/16
$50k Bought
27/01/16
$50k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Decimal Software$1.9m
77 listed non wa companies ranked by revenue.
Source: Morningstar

BNiQ Disclaimer