GRD 0.00% 54.5¢ grd limited

Minproc travels well. Renewables has landedone contract (other...

  1. 911 Posts.
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    Minproc travels well. Renewables has landed
    one contract (other than the loss making Eastern
    Creek): Lancashire. Renewables has tendered for
    county contracts in Britain, has lost out on some,
    remains shortlisted for others. A couple of years
    ago GRD was crowing over how Renewables was a world
    leader. My suspicion is that in light of tenders
    that they've lost, they have surrendered their
    leadership, and are now having to compete against
    other firms whose technology is as good if not better
    than that of Renewables. Unless Renewables land
    further contracts this year, their future might be
    bleak. I've lost a packet on GRD over the last 12
    months, and management has disappointed me.

    I've no idea why Brettney Fogarty left GRD, when
    he built it up from nothing. The company seemed to
    do better under his stewardship. I wonder whether he
    got rolled in a boardroom coup. The matter has never
    been explained.
 
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