Placement oversubscribed
Rapid escalation in price from its 12.5 lows (SPP price).
Contrast this with some of the other renewables who got government grants:
- GDY trading lower
- PTR only doing ok
- PAX trading just above SPP (taking into account the options)
- GER only doing ok despite a massive govt handout relative to its market cap
- HRL and GRK trading lower
I was too overweight in CWE to even subscribe to the SPP recent buyers are doing well. And there seems to be some real hunger.
Happy New Year! Here's to a more illustrious 2010!
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strong finish to the year
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