Tenth day of decline - CMIG4 heading towards the TargetCMIG4 (R$ 10,06) walking to Target.
---> Mar 24 (CMIG4 = R$ 10,80)
CEMIG shares are showing a considerable decline in the coming months . Unofficial studies indicate a Submarket exposure of around 700 average MW, with a Long position in the Northeast submarket and a Short position in the Southeast submarket for the year 2025. The effects of these exposures will start to affect the company's cash flow as of the financial settlement in March/25 (which should happen by the end of April/25), extending until mid-July/25. The study indicates effects of around -R$200 million in Q1/2025, which could reach -R$500 million by Q2/2025.
