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Voltalia Ord Shs VLTAF

Utilities Utilities - Independent Power Producers Utilities
Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.


PINL:VLTAF - Post by User

Voltalia Ord Shs > another Randgold article re: Volta sal
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Comment by frnwidon Aug 23, 2010 7:58pm
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Post# 17376476

RE: RE: RE: another Randgold article re: Volta sal

RE: RE: RE: another Randgold article re: Volta salGuys.  Rangold is having problems meeting expectations.  They sold last quarter to inflate their books, and can you really BLAME THEM?  Sheesh, it's like a multi bagger from their perspective and they need the cash.  It is NOT a commentary on Volta, unless being happy to take a HUGE profit reflects poorly.  I bet, if you asked Rangold when they made they deal if they would be happy with 1.50 return, they would have been ecstatic, and they wouldn't have expected to get that return so soon.

I suspect the same thing will happen this time as last, this divesting will stall Volta's momentum temporarily, but this isn't BAD news in the long run.  Somebody else bought 5 million shares at 1.50 :)

The soon Rangold is out the better, this stock can stand on its own now without old money.
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