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Pin to quick picksCeramic Fuel Cells Share News (CFU)

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Ceramic Fuel puzzled by share price rise

Tue, 12th May 2009 15:11

Fuel cell developer Ceramic Fuel Cells says it knows of no reason for the recent sharp rise in the company share price, other than the imminent launch of a modular generator product that uses the company's fuel cell technology.The company also said it is looking to enter into new markets in Europe and Australia, and is in discussions with potential partners wishing to collaborate with the company in these markets.At the end of April the company said it plans to reduce its total headcount from 106 to 88 following a review of its organisational structure.
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