I think juk is saying that the price of solar is low enough to make the wave tech uneconomic.
Considering the write-off of the capitalised development costs in the last financial statement that might be correct.
But the share price is up 20% from the low.
And with all the solar, and coal, and wind, and all possible energy resources in the world to last until the end of time, (South) Australia has the highest price of electricity in the world! The cattle are too busy drinking alcohol and watching footy to care where the money goes.![]()
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