IFN
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0.00% 93.0¢ infigen energy

I'm still cautiously optimistic that we could see a bid from...

  1. Gozza
    177 Posts.
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    25/06/20
    10:23
    Post #: 45439886
    I'm still cautiously optimistic that we could see a bid from Shell. Given they acquired ERM for $617 million which has a huge C&I retail portfolio and some gas assets, and have been looking to construct additional generation themselves, it would be crazy for them to not be considering a bid given the bargain basement price.
    I have my fingers crossed that they are putting something together in the background.
    IFN Price at posting: 89.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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