The renewables play I'm very bullish on is DEL. They have the potential to grow much faster than GNX, management has huge skin in the game ~50%, vertically integrated from asset construction to retail energy sales and project cap ex is relatively low.
Anyway its a very different business model to GNX where the SP will grow slower but everything is wrapped up in contracts to minimise risk. We all know GNX is just a waiting game, picking up shares below 20c is a great price IMO. People know its worth more but everyones hoping to jump back in later when they are closer to completion. This presents a good opportunity to those that can be patient. Very happy to get some more shares @ 17.5c this morning.
GNX Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
