Reason why Afc Energy ditched one of their brokers, RBC Capital.10 Oct 2025 16:23
At the last video presentation CEO John wilson stated the company would be getting rid of any costs than did not provide shareholder value.
RBCCapital charge Afc Energy a fee to act as broker for the company.
One of the broker functions is to improve share holder value. CEO John wilson clearly thought that RBC were not providing value in this department.
Therefore, true to his word, he has decided to save money for shareholders in this department.
An excellent desicion in my opinion. So along with other cost cutting measures he announced, this will save money for the company to be used to speed up production etc. This means the savings will be used to get more & quicker value into the share ptice for share holders.