The arch- conservatives in government harbour an insane prejudice against wind power. This political influence must inevitably die, and become an irrelevant sidetrack of history. Right now Turnbull is stuck with them, poor bastard, but they can't oppose the proposed Snowy storage idea, so the tide is effectivelturning, toward renewables. IFN's fortunes should improve. 1. Softening political attitude. 2. Guaranteed rise in price of electricity.
IFN Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held