carbon tax - $0.50 today, page-11

ikhutch - money will now flow into the industry. you have to remember the market has knocked off about $500m of the market cap for IFN in the past year since the rudd back flip. over the past few years IFN have invested a substantial amount of money into new projects ( more than than their market cap ) which will now have to be repriced taking into account the benefits of a carbon tax. with these type of downward falling shares its generally not a price which reprsents rock bottom and a turnaround but its a time and change in momentum. personally i think it will come shortly. all in my opinion & please read my disclosure.