biodiesel share on the move

After such a massive move wed thought I might start a thread on what this company is up to. Be pleased to hear other comments

Seems ARW have had difficulties in the past year with the significant drop in oil price, cost of material etc but appears positives may now be in place with oil prices rising and as a producer of biodiesel.

They did a cap raising end of financial year


frm page 5 of the annual report.
"the company is now the largest capacity biodiesel producer in Australia, with strong positions in both
Western Australia and South Australia given the 45 million litre capacity at both Picton and Largs Bay"

"Of substantial interest has been the Federal Government’s ruling in March 2009 that the B5 (5% biodiesel content fuel)
no longer needs any form of labelling and hence is effectively a market driven condition. This was further supported by
the New South Wales 2011 mandate for B2 minimal content, thereby being the first state in Australia to take such a
position. Overall, a focus on the Energy debate coupled with the clear political agenda with regard to the Carbon
Pollution Reduction Scheme (“CPRS”) and the Emissions Trading Scheme (“ETS”) has left the company with a clear
position in the biodiesel sector"

"The company has been through a series of most difficult periods and has had to balance many elements, but in so doing
has been able to retain the basic potential of well-built operating facilities where 100% compliant biodiesel is being
produced."

IMHO - The chart appears as though the sp may be consolidating after the biggest volume day in the companys history on wednesday. (price movement in the last couple of days is seeing bigger vol on the positive moves .... within the upper section of the huge candle formed on wed)