Enna : Rentech produziert synthetisches Flugbenzin
In late July, shares of the synthetic-fuels developer were trading for just $0.50. Today, it will take over $2.00 to get your hands on the up-and-coming company?s revenue stream.
Why the surge?
After years of promising big potential, the $400 million company is finally making good on its potential.
First, the company announced its synthetic aviation fuel will be allowed in commercial-grade blends. The news opened the company to a multi-billion industry.
And most recently, a handful of airlines at Los Angeles International Airport announced they would be using Rentech?s synthetic diesel in the ground-based vehicles. It is a way for them to take advantage of Washington?s ?green? kickbacks.
Investors should view this news as the turning point for the young company?s future. It is one of the first big stories that does not mention a ?potential? market. Instead it is a fact that Rentech?s fuel will be in their tanks.