Recent Buy: Fortum

Minor maintenance purchase time. I bought additional 14 shares of Fortum for 16.925 EUR per share. Fortum appears to be very reasonably valued at the moment even though there are clear risks as well. Unfortunately significant amount of those risks are of political nature. Still, it’s possible that political reasons might eventually work also in favour of Fortum. This could happen e.g. via European investments on hydrogen economy in which Fortum/Uniper is reasonably well positioned. I might increase my stake in Fortum with larger chunks later on. This was just maintenance purchase to consume some leftover cash.