Seven “green” companies I checked in January 2011 – still poor investments

In January 2011 I checked out the sharemarket performance of seven ‘green’ companies on the ASX. Their performance had not been very good.
GEODYNAMICS LIMITED GDY
GREEN INVEST LIMITED GNV
GREEN ROCK ENERGY LIMITED GRK
GREENCAP LIMITED GCG
GREENEARTH ENERGY LIMITED GER
GREENPOWER ENERGY LIMITED GPP
CARBON CONSCIOUS LIMITED CCF
A year later I checked again, results still poor.
Here we are mid July 2013 – our new PM has just announced he will axe the Carbon Tax in favour of an ETS – let’s have another look at the seven green companies –

as my Table shows all show substantial falls in their share price in the three and a half years since January 2010.

2 thoughts on “Seven “green” companies I checked in January 2011 – still poor investments”

pattoh says:

July 16, 2013 at 1:56 pm

Gee whiz you have to wonder just how much of that enforced superannuation funds pool has been invested with these companies ( and who is getting a commission for the investments).

At least the old folks will have a smug self satisfied warm inner glow to keep the the winter chill at bay.
/sarc.
WSH says:

July 16, 2013 at 4:56 pm

I only rehashed this article because of the link to Peter Ker’s article in The Age – Clean energy companies shift to remain relevant – link sent in on the previous thread by handjive –
Curiosity got me to check the chart for Petratherm Ltd mentioned by Peter Ker.
So nothing to build your retirement on there – but I have eight examples now.
I did ask PK if he knew of any Green companies with positive share-price trends – he did not offer any examples.