Quote Originally Posted by bottomfeeder View Post
Is renewable energy valuable. You would think that with the move to renewable energy as being a new gold standard, it's value would be enhanced and reflected in the SP. Instead when the retail arm is sold for presumably fair value, the SP falls by more than $2. I feel the transition to green energy to save the world from climate change is nor valued.

I can remember buying Tilt Renewable shares for ~$1.30 before Infratil tried to buy the whole company for $2.30ish per share, they were only able to increase to 65% ownership. That was a few years before they sold Tilt for $8.00 in 2021.

I guess the market didn’t value the transition then either..