By Steve Moore | Monday 13 November 2023
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.
Previously writing on AMTE Power (AMTE), in September I questioned how ‘pleasing’ was its fundraising news – concluding including that, instead of “a leading UK developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets”, it was still a prodigiously cash-burning and finance-concerning bargepole/sell. What though of the shares currently down a further more than 25% just today on no news from the company today?
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