Just what instos do you think are still in or would buy? A market cap of 25 mill excludes just about all bar some small specialist funds?What would their trigger be?
Why would they invest here and not inbelow. No I don't think they are great or necessarily a good investment but they are actually installing something they will produce power on a ongoing basis and shock horror actually nominating costs and outputs .
Even crowd funding
https://equitise.com/offer/regular/wave-swell-energy-limited-1
http://waveswellenergy.com.au/disallowed/business/renewable-energy-trial-provides-tasmania-with-free-power-20171117-gznwk7.html
http://www.kingislandrenewableenergy.com.au/
https://www.theadvocate.com.au/story/5724589/ocean-energy-futures/
"based on volumes presently I suspect it is people like us trying to dollar cost average, have a gamble or minimising losses. Without looking at the registry it is impossible to say for certain who is involved but I would suspect there are various funds (institutional) who would have a finger in the pie and IF things fall in place regarding CETO then they may look to buy up based on price. If CETO is successful I doubt the SP would decline but I have seen weird things happen when emotional investors are involved."
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3 | 219628 | 0.037 |
3 | 248333 | 0.036 |
3 | 243500 | 0.035 |
2 | 229441 | 0.034 |
Price($) | Vol. | No. |
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