The CSIRO told a Senate committee there is no technical reason why Australia could not go 100% renewable. There is plenty of room for IFN to grow.
http://reneweconomy.com.au/csiro-says-australia-can-get-100-per-cent-renewable-energy-86624/
Also, Engie wants to sell Loy Yang B, the most modern brown coal plant in Victoria. This is a stranded asset - with a big rehab liability - and I doubt they will find a buyer.
https://hotcopper.com.au/resources/...-for-australian-coal-fired-power-plant.45089/
I am NOT an investor in IFN for ideological reasons. I think the business case stacks up. Pulling electricity out of the sky. I like that.
Ash
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Last
$1.13 |
Change
-0.025(2.17%) |
Mkt cap ! $152.0M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.13 | $140.2K | 123.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20082 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 54711 | 2 |
View Market Depth
| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| IFN (ASX) Chart |