Post by
parahyangam on Aug 19, 2023 9:16pm
FIRST STEP?
There is no first or any step.
Composting cannot be scaled or made economically viable because throughput is too slow and end products are of limited value.
Hundreds have tried. It is a mom and pop business catering to hobbyists.
Thus there is NO adequate return on invested capital which happens to be substantial.
The initial allure of politically generated and controlled tipping fees quietly and inevitably vaporize.
From a peak of $25 dollars we are now at heading under 40 cents. The easy money is long gone and not coming back.
ANRG is going to liquidation at best.
Comment by
DDT980 on Aug 20, 2023 3:47pm
The flat earth guy should explain why he spends any time on this site. Maybe he jusy got tired of watching all the wildfires and rejoicing over all the beneficial CO2 they produce (about 2.5 tons for every ton of wood burned)
Comment by
Grenfalf on Aug 24, 2023 2:54pm
I thought about buying more but that might be a bad idea. What propelled this stock to almost $2 not long ago? In the background did the exec's know this company was doomed? If they released false information at that time it should be investigated. Stock market is truly full of thieves.