In the AGM today, the CMD mentioned
- market couping could take at least 2 years from the time the regulations are finalised (logic development, software development, specs for hardware and security, audits, mock drill and then finally go live).
- Shareholders can expect special dividend post IGX listing (target to do it in CY2026).
- Co. may think about buyback.
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@Ketan_Chheda was the point on possibility of transaction charges being capped at 1.5p/unit deliberated on?
No, there were no comments or questions on the charges.
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Came across a good read on iex for someone coming across this company now
(bullish thesis)
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Market coupling is already priced in folks, what’s unpriced/getting priced in lately is this.
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the day the regulator reduces the transaction charges - the remaining two players will become unprofitable and unviable. If the regulator genuinely wants the other players to survive - then reduction in prices doesnt seem plausible.CERC allows power exchanges to charge 2 paise per unit transaction fee, ETEnergyworld
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