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21 Jul | Sale – Climate Exchange

So we offloaded our parcel of Climate Exchange today. Since we began our Investor Trader experiment Climate Exchange has risen from £7.00 to £9.15, a 30.7% rise in 3 and a half months. Not too shabby in anyone’s books. A lot of that in the past 4 weeks based on a little healthy takeover speculation.

Now nothing has changed since, but the upward momentum seems to have peaked and I’d expect Climate Exchange to retract a little if there’s no news in the coming weeks.

We sold 78 units at £9.10425 for a total consideration of £710.13. And what did we do with the cash? We pumped it straight into China Biodiesel.

Paul
rsvp@investorsoiree.co.uk