The renewable industry in Australia is on a knife edge. As I have said on SOO survival is what it is all about. Some (SOO) have taken a very cautious 'preserve the cash until better times' approach. Others (CBD) have chosen to 'seize the moment' and grab risky assets in new markets while they are (correctly) distressed. Crash through or crash. Investors in CBD will be unsettled by the latest patent war, will worry about the cost and effect on CBD finances and large investors will be starting to wonder about the thoroughness and competence of the board and ED.
CBD Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
