RE:RE:VEEEEERRYYY TOUGH DAY,,,,,,,,,,,!!!!!!!!!!!!!!!!!!Stratocheif wrote: A windmill fell over at one of thier windfarms and they discovered that the foundations on all 50 units are defective and have to be replaced....$140 million down the drain. This company has caused me grief since I bought it 12 years ago @$27. Every time it seems to be doing well something bad happens.
INDEED this DIVE was caused by the 10% drop in RNW share price__RNW is an independant SUB of TransAlta so RNW will be HIT by that $140 million Repair Bill__PLUS No Revenues from this 50 unit wind farm for at least a FULL YEAR!!!!
THUS there MAY BE Impact on TransAlta itself by REDUCED DIVIDENDS from RNW eh ??