IFN 0.00% 93.0¢ infigen energy

q&a with miles george, page-7

  1. 204 Posts.
    this is my 2 cents worth, in my opinion:
    - this company has a lot of continuing problems
    - the company should have sold the USA assets when it could - but chose not to - the US assets are a real problem now
    - the cost of new turbines are dropping all the time because of chinese production - reducing the replacement cost of the existing assets
    - ultimately, the Children will force a massively dilutionary capital raise
    - there is a really good chance that equity holders will be monstered by the Children
    - there is real and continuing downside risk in this stock
    - just look at the rest of the babcock junk
 
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Currently unlisted public company.

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