Previous Close: 125.00p* (real time prices at ADVFN) Previous Range:123.50 - 125.00* Previous Volume:50000 shares (up on average)* Trading:below the 50 day M.A. (123.90) & above the 200 day M.A. (117.317)*
Great to see yesterday's news that the big boys are backing this stock again. Hopefully any potentially spare stock has now been mopped up and the SP can move forward to reflect the value of the asset base. IMHO By wishful thinking
Article from last year, remains just as relevant today. Since this was published Hurricane Sandy caused major flooding in NYC; more recently atmospheric CO2 has climbed over 400 ppm. The article makes a compelling argument for selling fossil fuel companies and investing in green energy. Companies such as Greenko and Wasabi Energy look well positioned to benefit from the end of the illogical "green discount" on their shares.
Yes, agree with you - short term target surely has to be 200 to 300p with more over time. Not sure why the announcement came out on a Friday afternoon, but hopefully the press will still pick it up?
The share price has been, IMHO so very undervalued/ignored for a long time but hopefully things will now be on the move. Sadly I only saw this announcement after the market closed but will be buying on Monday morning to hopefully have a very quick 100% return.
I now understand why such high profile Board members were appointed recently.
We done to the Indian management for driving things forward so well when so much else in the world is going backwards. By wishful thinking
If you look back in the posts you will see I took this as a punt a couple of years ago. Like you and having visited India a few times I figure an established and expanding green energy company out there should be a good bet. It certainly paid off and I was lucky since I am not a sophisticated investor, just go with things I like the look of. A couple of previous posts gave a detailed assessment of the company and raised some concerns which may make more sense to you than they did to me !!! What I fail to understand though is why the price has droped following the news of the tie up with GE on the windpower. Surely this should be great news ? I will go back in at some point soon. It must be a better bet than some of my previous punts (ie russian salt company - lost a little money when they delisted, ukranian cheese company - made a little money)
Hope we can both celebrate next year on GKO. By Pagan1
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will pass the resolutions.
I get the impression some PI were expecting
A surge in share price. The price for the director
buys and the new investment is based on the
Projected price in 1 to 2 years. If you can wait
that long that is still a good return and pretty