IFN 0.00% 56.0¢ infigen energy

Ann: Cherry Tree Wind Farm and Development Pipeline Review, page-3

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  1. 539 Posts.
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    The Development Pipeline Review does not sound optimistic. IFN is pulling out of solar in Qld. I know big solar player RCR Tomlinson has collapsed but this could signal an opportunity as much as a warning. This comes on top of reports of IFN looking for a buyer. Why would you want to sell when the share price has fallen 30% in three months? No confidence in a turnaround? Finally there is the timing of the latest announcement after the market close. I hope I am wrong but red flags appear to be flying. We will see how the market reacts today.
 
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