I think it's just a lack of volume at the moment as this is off people's radar and small private investors' attention and money is elsewhere. We just need some good figures to come through (inevitable barring disasters) and a little publicity and this should move back up and beyond its recent highs, in my opinion, but DYOR and all that. Good luck.
Guys, we have already been through a pound on far less power generated and revenue than is coming through now. In my view this will break the £1 barrier very easily and move substantially higher as revenues are reported and this gains more widespread publicity.
As I understand it, the half year is due in November. This will put some more numbers against the existing assets and I would have thought that the company would expand on the capacity growth at this time. I would expect the market to do the sums at that point (if all is well) and push the price forward over the pound. Dividend announcements usually accompany the end of year accounts - a while off.
So the last RNS said the last plant will be connected in late Sep so we should hear in next few weeks. Personally I don't think family will buy this out. Having been to presentations where OPG have presented I think the next significant piece of the puzzle is a dividend. The board I believe have said this will commence when all 750mw capacity is operational. That's what I believe will give this stock a push on above 100p. After that we need to hear about new projects and expansion. Previous announcements have suggested these may be in renewable energy. I have also heard company mention Chennai and Gugurat plots have scope for expansion.
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