The technology is still under evaluation isn't it?Pure speculation on my behalf as it was when I first started buying. You either believe the story or you dont.
I believe it and it has rewarded well so far. Do I believe the chairman when he says 1b. No - as I dont trust the guy and think he is greedy.
Still believe in the technology however and we are in the right political climate for it - finally. I started buying before the last election hoping that ALP would win and ratify Kyoto. All it means is that it has given me an extra 3 years of accumulation.
Take care.
Under evaluation - NO. The thing works and I have drank water from the reverse osmosis unit they have set up. Optimising design for efficiency and scale is where they are at.
I looked at this one on Moday I think it was, but am very wary about jumping in on stocks that I think might be ready to turn around...boy was I wrong!
Now up over 30%!
Well done to anyone holding this stock.
Reason for jump - article in Australian Financial Review last weekend listing them as one of top 10 stocks to buy for 2008.
Plenty of buying Monday and Today. Go CNM.
Long term holder and loving it.
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