Agreed, Knackers. Deep value here and I am heavily over-weight by my standards.
Windfarms is an unusual game. Design, approvals, cabling and construction costs are high; running costs of site leases and turbine maintenance are very low. The wind is free.
IFN has been bled white by the onerous financing taken out in tough times. The capital raise, prospective refinance and efficient new projects will remake this business. There is a degree of uncertainty at the moment whether this can all be done. I am confident it will occur and have placed my bets accordingly. HC followers will be able to have a good giggle at my expense if this does not come to pass.
Ash
- Forums
- ASX - By Stock
- EV/EBITDA
Agreed, Knackers. Deep value here and I am heavily over-weight...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IFN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online