SIMEC Atlantis Energy: buying opportunity?
The sustainable energy group is doing great things, although you wouldn’t believe it from the share price. Could this be an excellent opportunity to acquire shares in this pioneering business, or is there more trouble ahead? Our free update here reflects on the current state of play with the sustainable energy pioneer, whose flagship tidal energy project has attracted fans from around the world.
Shares in SIMEC Atlantic Energy (LON:SAE), the sustainable energy group, have fallen to new lows on news that it had received correspondence in relation to the purported appointment of receivers to its major shareholder, SIMEC UK Energy Holdings Limited ("SUEH"), a GFG Alliance member. Atlantis understands that SUEH owns approximately 43% of the issued share capital of the company.
Sustainable energy pioneer
Sign up and read the full article
Register to continue reading our content.
Already a member? Login
Previous article Next article
DON'T MISS OUT!
Get top investment ideas to help safeguard and grow your wealth.
Invaluable insight from the exciting world of smaller companies.REGISTER FREE
More on SIMEC Atlantis Energy Ltd
Atlantis Energy gets a break (for once) while elsewhere our Stonking Small Cap impresses with its…
A brief update clarifying the planning process at its power station project, as well the completion…