2020 has been a great year for fintech stocks. Happily admit to buying based on FOMO. On average, capital gains have been 200%+.
I exited CPV early.
Still can't understand how CPV glass is commercially viable. Earlier this year, April 21 2020, PV Magazine had an article about Australian scientists at Monash University, who had invented a solar window with 17% conversion efficiency. Opposed to "3.3%.. from Clearvue" technology.
Given that Monash Uni technology is based on a coating, that would translate to a much lower cost of production, less than 50% weight of CPV glass, lower transportation costs, lower labour installation costs, still don't understand how CPV stock price is justified.
The Perth shopping centre installation has proven the dismal performance and reliability of CPV product. Why would the glasshouse be any better?
What am I missing?
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