References to previous profits in 2010 are pointless, and wrong. 2010 was Medieval in renewable energy terms; since then PV costs have dived, FITS have reduced, government and regulator attitudes to renewable energy, distributed generation and energy in general have evolved, and most importantly, SOO went broke doing PV and was taken over so it is now a completely different company.
I think of SOO as a small retailer with energy management as the differentiator to the larger retailers while the PV and distributed generation installations side is maintained as a sop to shareholders in the previous business model.
GOE Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
