Perhaps Monday Sept 24,will spell a different story, and the market maker simply caved into the excessive volume on Sept 21st of a whopping 105,800 shares versus the normal volume. Wish I had more to buy here, maybe only a nibble left for me as my average price is now $20.00; and patience will reward me with a price I will really like I am sure. In the meantime I enjoy a 6%+ dividend. I am sure the 4c/share June 30th is still having some affect here as the expectation was 10c/share, however the key is of course the Sept 30th eps, which could be 70c; but will likely be a little lower given the June quarter disappointment. The results of this tardy rate increase will not be moving to the bottom line until next summer about this time.
At least a significant amount of the consumption is residential (43%). Manfred