RNE 16.7% 0.5¢ renu energy limited

This company completely died when the political environment...

  1. 252 Posts.
    This company completely died when the political environment changed at the last election. Doesn't matter if they have a clean source of base-load power. Wouldn't even matter if the resource was closer to a major city, it just wouldn't happen in Australia.

    IMO there is no point holding this stock until Australian catches up with the rest of the world when it comes to clean energy (another 25-50 years?), and by then it will be too late for gdy. Disappointing - I held this back in 2009/10 when there was some momentum, and really sad to see it where it is now.
 
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