Good calls @knackerskirzner and @Andrix - I first caught sight of IFN around March 2017 and was really annoyed I hadn't got in earlier. While the company still has a bit of extra work to go before it becomes the complete package, the signs are very much in its favour to help get things done. I think the fact that the Government is moving to a more centrist policy along with the fact that the majority of the Opposition don't oppose the impact of climate change (though I will note there are certain deniers) and the need to develop more environmentally friendly sources of energy bodes well for Infigen.
I think the two big factors that had held this stock back has been its association with Babcock & Brown (the old BBY) and the policies of the government. While the first point is largely irrelevant to the current structure of the business, it has had some negative connotations, the second point is only slowly going away as the dinosaurs of Conservatism gives way to the views of Modern thinking.
As I said earlier, I think this stock has a great future and will definitely be rerated in the near future - if we start getting dividend payments as well this company could be well on its way to be a multi-bagger. I bought this stock at $1 so I knowingly threw away 9% (based on today's price) but I am firmly of the view I will get more back into my account.
Onwards and upwards - good luck to all holders and please do your own research
IFN Price at posting:
92.0¢ Sentiment: Buy Disclosure: Held
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