Thanks for the info on LGC price but its actually irrelevant, the stock can survive without it. All it was used for is to get business up and running.
Now the business is established it can reinvest its profits to foster growth and receive depreciation and produce electricity for NOTHING. To add, everyone forgets the batteries that will take advantage of peak prices and the high chance of LABOUR getting back in.
New sites coming online mid this year that offset the revenue lost put the business in a neutral position if the LGC are gone by 2020.
I cant see why the business wont be returning a ebitda of $150M+ this year.
At $150m its well and truly worth 70-80c a share
IFN Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held