TEK 3.45% 14.0¢ thorney technologies ltd

up 14per for the day 700k at close., page-3

  1. 1,965 Posts.
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    I'm also keeping an eye out for a break out which could result from government changing tax legislation on biodiesel. This was a major contributor to the price pulling back from $2, if they reverse the tax changes, I expect the price will go nuts.
    No doubt if there is a change, we will be the last to know (and will be too late by then), but if price goes up strongly in all biodiesel stocks in Australia, should be a fair indication of whats going on..
    If any government policies are going to change, I expect probable will be decided in the coming months. Can't remember where I read it, but some government commission is taking place around this time of year into renewable energy.
 
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