They will have paid down some debt, however to progress any of their numerous wind and solar projects they are going to need to borrow and at the current level of debt they will be forced to pay higher rates.
I am optimistic that we may get another crack at the solar flagship money.
I'm not sure if they can resell any of the shares they bought during the buyback last year and if they did it will be at a huge loss but it would be a source of funds.
Infigen is at best a long term buy as there will be no dividends for at least 18 months.
I'm sticking with what I've got as I need them to put on another 25c before I break even, it's up and down like a yo yo but the trend looks upward,trading is thin at the moment but I'm hopeful
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