re: high growth, low pe, yield>10% and no i... No worries. Talk about a quick buy if you just bought on that post now.
You should maybe consider more due diligence however you know what they say "80% of useful information is obtained in the first 20% of the time"
I am shareholder yes and I think they will do very well.
My major concerns relate to:
- change in government REC policy (good for them now, but could get worse if policy is changed)
- rapid growth brings in more competition (they are small compared to the Origin energies of the world but their products are good)
- the register is tightly held and therefore liquidity is low giving us a great mispricing, however the only catalyst for major price rises will be big fat dividend cheques starting in 2011.
DYOR, glad I could spread the future wealth.. :)
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