I agree with imran and was a buyer at $4million. My reason for buying is mostly that this is possibly the only way on the ASX to gain exposure to renewable energy growth in China. It has a lot of risks in that regard but it certainly has a tailwind. I take a lot of heart from the independent assessment of its product and the recent tie-up with sunrise group that also suggests the product is legitimately useful.
The main thing I can add is that having worked as a solar developer it is fair to say that the PV technology has advanced faster than the electronics required for large scale integration to the grid. It's therefore fair to say that there is some risk other technology will eclipse ours. Having said that there is a tailwind in terms of the fact that grids and energy storage systems are increasing in complexity.
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0.8¢ |
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Mkt cap ! $11.05M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $6.488K | 810.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 584878 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 751516 | 4 |
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No. | Vol. | Price($) |
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1 | 584878 | 0.008 |
7 | 1811713 | 0.007 |
13 | 2976689 | 0.006 |
6 | 1699010 | 0.005 |
3 | 1300001 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 751516 | 4 |
0.010 | 1872496 | 4 |
0.011 | 680000 | 2 |
0.012 | 669090 | 6 |
0.013 | 600000 | 2 |
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