Ann: Withdrawal of Rights Issue and Revenue Guida, page-11

re: Ann: Withdrawal of Rights Issue and Reven... This is going to hurt tomorrow! Like a stubbed toe the full pain doesn't come through immediately.

SOO pulling the pin on an acquisition because of changed market conditions really says that the market in 2012 is thought to be going to hell;
-no margin in selling panels at less than $1/Wp,
-no government plan to get commercial installations running (lack of government movement for at least six months until the carbon tax starts in July is really scary),
-failure of the 'big four" PV and CST solar flagships to gain traction (again implying the Feds are considered incapable of getting the states to take on fair pricing for renewable power).

Seems likely that the states will stall the Feds on renewables.