NVE novera energy limited

novera energy anyone?

  1. 1,300 Posts.
    Anyone out there with any thoughts on this company??

    I know they're into renewable energy & have been following developments. Initial approval for proposed for wind farms in SA I believe. Interested to know if anyone has heard any further info' or opinions in regards to a long term position?
    Buddy of mine has bought fairly heavily into them (ie large % of his pf) and seems to have confidence.....
    Someone else I know knows someone who knows the person who handled the float of this company, says that they may do very well indeed.....based on performances of other floats handled by this person.... sounds sketchy I know...

    Chart shows low volume and price fluctuation b/n 0.24 & 0.30....Perhaps a good opportunity to buy in at the bottom but how long in the waiting??

    Drewe.
 
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Currently unlisted public company.

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