💡 Centrica plc 🔥 (£CNA)

It’s one of the various FTSE 100 stocks whose share price rose because of the optimism today.

Traders were bullish on stocks because some progress had been made in relation to a possible treatment for Covid-19 (remdesivir, again).

It’s still a business for which Covid and the oil price continue to create issues.

Working capital outflows will continue and it will have bad debt as business customers defer payments. The numbers don’t look great.

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