Wednesday, July 11, 2007

IPO - Wind Hydrogen Ltd

I'm in the process of buying 25,000 Wind Hydrogen Ltd shares in their IPO. They are involved in the development of wind farms (in Scotland & Australia) combined with hydrogen conversion to store the energy for consistant output levels. Key driver behind the investment is that green energy will continue to become more prevalent and as the carbon/environmental cost of power is understood and passed on to the consumer. In general its fairly speculative as they have no cash flow producing assets as yet. It's all in development and IP. But its a small portion of our portfolio.

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