Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE.PR.A

Primary Symbol: T.INE Alternate Symbol(s): INGXF | T.INE.PR.C | T.INE.DB.B | T.INE.DB.C

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and... see more

Add To Watchlist

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > What exactly is this stock worth

View:

Post by Stratocheif on May 13, 2021 6:15pm

What exactly is this stock worth

Im not surprised by the drop. I was surprised back in january how high it went. Idiotic green energy mania. Even at this price what does one get when they buy a share? As per latest financials we have a company with about 4 billion of debt and 800 million equity. And 885 million of "intangables". What exactly is it that allows them to claim a unique blessing valued at 885 million? So a share of this company is really worth nothing imo. The bondholders own this company. And an accumulated deficit of 1.3 billion on top of that. Typical Quebec company.

303