IFN 0.00% 56.0¢ infigen energy

WTF was with the massive dump yesterday?, page-9

  1. 483 Posts.
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    Couple of dumps today but there seems to be some support around 52c.

    I think it has a bit more dropping to do given the inertia of the short increase.

    Long term I think this will get to 75c once Bodangora and the battery are fully operational and the short interest has died down.

    In the mean time the low SP creates the possibility of a quiet quick buy-up in prep for a takeover by someone like Tilt or even AGL. Don't forget Brookfield is still in the picture and they already have a chunk of holdings.

 
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