Drax is an energy firm that supplies electricity throughout the UK. Their key goals are to work toward a zero carbon, low cost energy system that gives customers a greater control of their energy.
Drax are my best buy so far. 50% up since I bought. Wishing I’d purchased more at the low price. Think I will keep buying though as dividends promising, and still room for growth!
Not investment advice.
Update to the H&S investigation
The market likes todays trading update. article from sharecast.
Looks like Drax’s CEO response statement about the BBC documentary might be turning the tide for Drax once again. Fingers crossed! A statement from Drax Group CEO, Will Gardiner on Drax's biomass sourcing - Drax Global
Was there a div payment today all I can see is the previous from months ago? Just wondering why the huge drop was 6% up yesterday now 7+% down?
I don’t think Drax has any dividend scheduled until next May?
Ahh well that was a heavy hit today then
I think it was the energy sector in general that was down yesterday because the oil and gas prices look like they will be lower going forward.
Weird how Drax gets effected as much when it uses wood pellets but I guess it has a butterfly effect.