Q: Hello 5i team,
In light of ANRG slowly going back up, I am curious what the underlying problems were with the company? Ultimately it always comes down to too much debt, but that is only a result. Was it bad management or simply a bad high capital idea (converting waste to fuel). Looking at the recent new money being put in (Marny/insider purchases) it seems people are still confident in this company.
Are there other companies in this space that have actually succeeded in doing this?
Thank You,
Andrew
In light of ANRG slowly going back up, I am curious what the underlying problems were with the company? Ultimately it always comes down to too much debt, but that is only a result. Was it bad management or simply a bad high capital idea (converting waste to fuel). Looking at the recent new money being put in (Marny/insider purchases) it seems people are still confident in this company.
Are there other companies in this space that have actually succeeded in doing this?
Thank You,
Andrew
Q: Puzzled by the big move in the last 3 months, absent any big news. Bloomberg have anything? Thanks for all you do - John
Q: I am wondering if Anaergia is getting past their problems,
I thought this company was finished. They have made a few positive announcements but are they meaningful? What are your thoughts is this worth buying?
I thought this company was finished. They have made a few positive announcements but are they meaningful? What are your thoughts is this worth buying?