One would think this announcement is good news for IFN and the sp would have risen at least 1 cent today. After all that's one of the reasons the sp has been down and IFN's Carbon Credits were worthless!
SO what did the market think? They SOLD! Why would you sell today after that announcment...probably because its still around 18 months away and who wants to wait for the benefits to IFN then?
This is just another bad day in the life of Infigen tainted with Babcock bad karma!
Share consolidation will only make it worse IMO!
HC need a new sentiment for suffering shareholders.
Sentiment = Reluctant Hold.
carbon tax - $0.50 today, page-5
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