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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AGQPF | AQN | T.AQN.PR.A | T.AQN.PR.D

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by Accountprinceon Apr 17, 2023 2:31pm
262 Views
Post# 35398927

RE:,,,,,,,,,,,,Another CLASSIC ""DisConnect"".............

RE:,,,,,,,,,,,,Another CLASSIC ""DisConnect"".............Red Deer - you are correct about "Mr Market at His Best".  But Mr Market knows the stock originally tanked because rising interest rates made the Kentucky Power deal more expensive leading to a drop from $15 to around $9 at the low.  Now that the cause is removed one would expect the effect to be a rise back to prior levels...in theory.

But Mr Market is able to control things short term and that's what's happening now.  Once they shuffle up portfolios or whatever "short" term issues they have it will go where it should be.  Volume so far in excess of 5.5 million with a DROP in share price on good news...manipulation at its finest.  I expect a really decent rise in share price and will hold until we get there.
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