I think the recent heat waves and power cuts have triggered some interest in renewable operators like IFN. It is also looking less likely the Liberals will be in government in the back end of the year after the last round of heat and power shedding including old coal plant breaking down. IMHO there will be a lot of campaigning that focuses on increasing renewable power sources and lowering carbon emissions so that should provide an opportunity for Infigen. Nothing like an election to get some funding promises thrown around. Good to see the positive SP moves although it could just be the short positions are starting to close. Shorts interest has steadied latly so they maybe taking their gains before reporting season gets going.
IFN Price at posting:
47.8¢ Sentiment: Buy Disclosure: Held
