I can not find any news as why the large drop today?
Jeez - 25% down in the last month alone. Depressing
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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(
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This just keeps falling.
Some good news here - 25% jump today
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Up 40% in the last month, glad to see some positive signs of recovery… maybe fuelled by Russia/Ukraine crisis?
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That’s a mighty jump this afternoon.
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Why is this falling
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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.
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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?
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Very good question…
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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.
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Looks like a small pullback is going to head higher again now. Still silly cheap and £140m cash in bank!
Lively again 
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Article from a couple week ago on ThisisMoney
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Consolidating nicely around £1.80 area. Hopefully next push sees it clear £2
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Thermax, a leading energy and environment solutions provider and a trusted partner in energy transition, has announced a strategic collaboration with Ceres Power Holdings plc (CWR.L), a leading developer of clean energy technology. The two companies have entered a non-exclusive, global license agreement for Thermax to manufacture, sell and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis (SOEC) technology. Thermax will also develop, commercialise and sell SAM balance of modules (SBM) and multi-megawatt SOEC electrolyser modules. The partnership marks a significant step towards accelerating the deployment of SOEC technology in India and worldwide that will enable cost-effective green hydrogen production.
welcome news. where do you think the cash balance is now though? Been a long 4 years holding for me
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not really certain. guess we find out on 27th.
they had £140m at December with circa 40m burn from previous with slight revenue increase. Maybe £125m? just guessing