Debt rework to remove constrained cash covenant was the key catalyst for slow improvement.
The slow understanding of the market that LGC price drop was being offset with firming and storage plans, kept the price down plus a little shorting until the dividend payment started up again.
Also the high spot prices in SA gave the Co a boost along the way and the arbitrage set up now is milking the lopsided energy production of solar and variability of wind. Add to that the global warming setting up record hot days with accompanying energy use surges and you have a cash machine that has just hit its stride.
Infigen history, page-3
Currently unlisted. Proposed listing date: 25 JUNE 2025 11:00 AM AEST ##
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