26 May | On the Radar – Ceramic Fuel Cells
Okay, this may be a case of the horse already bolting but I’ll be very interested to see what happens come market open on Tuesday.
Last Friday, Melbourne based, Ceramic Fuel Cells Limited gained a rather juicy 1.95 pence (31.2%) on the day, closing at 8.20 pence (after testing 9+ pence earlier).
The gains came after an RNS quoting that Ceramic Fuel Cells “has launched a dishwasher-sized low emission generator for the home.” Check out the news in full at Interactive Investor.
Ceramic Fuel Cells ticks a lot of lot of boxes on my investment criteria checklist.
Because I ain’t no scientist I’m going to quote from the Ceramic Fuel Cells website here:
“CFCL is a world leader in developing solid oxide fuel cell (SOFC) technology to provide reliable, energy efficient, high quality, and low-emission electricity from widely available natural gas and renewable fuels.”
So it’s got the green angle going, which is a big thumbs up.
It’s a penny share and although technically this shouldn’t affect the rate of appreciation of this or any equity, in my mind at least, a share has a lot more potential to go from 8 pence to 16 pence, than from 20 quid to 40.
And being a Melbourne boy at heart – if not home for the minute – there’s a part of me that wants to see my Melbourne cousins succeed.