Ceres - CWR - Share Chat

I can not find any news as why the large drop today?

Jeez - 25% down in the last month alone. Depressing

1 Like

The high growth/not yet profitable category of stocks have sold off. If you like the company long term and I mean thinking decades then it could be worth holding as nothing fundamentally has changed

(High Risk(

2 Likes

This just keeps falling.

Some good news here - 25% jump today

5 Likes

Up 40% in the last month, glad to see some positive signs of recovery… maybe fuelled by Russia/Ukraine crisis?

1 Like

That’s a mighty jump this afternoon.

1 Like

Why is this falling

1 Like

I’m no expert but from a German news artcile I gather than because ITM Power who are in the same industry posted unfavourable results and their CEO resigned causing their share to tank, this then seems to have had a knock on effect on Ceres.

1 Like

Regarding the recent RNS about Ceres looking to transition from AIM to the main market ( London Stock Exchange | London Stock Exchange )
What does this mean for current shareholders?

2 Likes

Very good question…

1 Like

This is going to get back above £2 pretty fast. Its in nearly every hydrogen fund, last raised cash 2 years back over £10 a share, results other day showed they still have £140m cash.

Quite incredible that people are short on this, maybe they’ll close too.

1 Like

Looks like a small pullback is going to head higher again now. Still silly cheap and £140m cash in bank!

Lively again :eyes:

1 Like

Article from a couple week ago on ThisisMoney

Consolidating nicely around £1.80 area. Hopefully next push sees it clear £2

this has consolidated at the highs and looks bullish. £2 to £3 is probably coming short term imo