Short term price movements are often hard to explain and in many cases have nothing to do with company fundamentals. For example, momentum is a major driver of stock price moves over short time frames.
The business model of the company is unique on the ASX which may cause some skepticism among potential investors who will wait until it is proven out.
The anti-renewable rhetoric of the current government perhaps doesn't help either.
I agree with you that since listing management have executed impeccably but there are significant regulatory risks to the business that are outside of management's control. South Africa is a clear example where the whole industry has ground to a halt.
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Short term price movements are often hard to explain and in many...
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