Misjudging timing of deal completion is always a bad look.
Still, this bit of old news from 1 December 2015 is still hopeful. If GOE is in trouble so would be Redback Technologies and the opposite seems to be the case, e.g. GO’s recent move to acquire up to a 20% interest in Redback may prove prescient since the emerging energy tech supplier has just signed a new distribution agreement with L&H.
http://www.*.com.au/companies/news/65911/go-energy-group-pushes-solar-business-forward-65911.html
"GO’s recent move to acquire up to a 20% interest in Redback may prove prescient since the emerging energy tech supplier has just signed a new distribution agreement with L&H.
Under the deal, L&H will exclusively distribute Redback products in Australia and New Zealan, with some 28,000 Redback inverter units expected to be sold in the first three years of the arrangement."
GOE Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
