It is very frustrating watching the sp slide with the inactivity from management, whilst Tilt, Windlab and a host of unlisted Co. advancing their projects. Note Tilts annoucements from the last couple of weeks: a pumped hydro project (SA), Solar + batttery (SA) and windfarm (Vic).
Re: yesterday's dump. Commsec are reducing the margin lending % (LVR) on infigen from 55% to 45% tomorrow. They put a note out on LVR changes yesterday afternoon. 4 million shares were subsequently dumped. There may be more selling pressure today and tomorrow.
IFN Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held