Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having read that the Drax (DRX) CEO Dorothy, Carrington Thompson - I am attracted to people with double barrelled names – lives in London but works in Yorkshire, I thought it was time to have a look at this transforming power generating company again. I note that I last had a look at it in December, just days before the company yearend. Those results were published in late February. I liked the looks of the shares, which then stood at around 780p. They are now 737p (last seen) so I hasten to point out that they actually peaked 829p last January, but what now for this stock?
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