RE: Competitor wins new builds for UK windfarm.08 Apr 2021 08:45
Joolyc, welcome. The following opinions are my own. In the beginning Infa was run by a geologist of good repute but seemingly poor business sense. The original idea of oil exploration and gas caverns was well received and the share price rose to £4 an ) equivalent of £400 today. I think it was BP who were initially large holders. As time went by very little progressed and the sp drifted for many years. Eventually share holders got very disgruntled, BP departed and the sp sank into single penny realms. A coup was organised by an entrepreneurial holder who became the new ceo. However as this particular line of business didn’t seem to suit his suite of expertise he appointed and gave way to the current ceo. The change of chair seemed to coincide with the ‘discovery’ of problems of moving the company forward because of the lack of a permanent ML. Other changes have occurred also due to ill health. Doubtless, the problems with the ML spurred the team on towards diversification in an effort to survive and resulted in the purchase of H&W followed by Appledore and latterly BIfab. Things, at last seem to on the up maybe and, at least, we survive with hopes of future grearness.