But it is clear that this government will lose the next election. The incumbent government is talking about 'saving the furniture' and have all but accepted the ballot expected for May next year will be a bloodbath. The ALP will come in and they take environmental and energy policy a bit more seriously and will make policy much more favourable to the renewable energy sector.
I'm very bullish; good company, policy clarity expected, interest from private equity, building their generation capability and also storage capability with state and federal funding support. We must have the sustainability revolution and when it comes Infigen will be very well-placed to benefit.
IFN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held