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Ceres Power PLC’s (LON:CWR) appointment of Warrant Finegold as its new chairman has been welcomed by broker Liberum.

The fuel cell specialist announced yesterday that Finegold would take over from Alan Aubrey with immediate effect.

Finegold has been on the board as a non-executive since March having previously been at investment bank UBS’s technology team and 10 years at Vodafone, where he headed up group strategy and business development.

“We think this is a sensible development as Ceres moves into the commercialisation phase,” said Liberum, which is a fan of the AIM-listed business.

In a note in March, the broker raised its price target to 540p highlighting Ceres had two licence partners (Bosch and Weichai) that are major strategic investors, while new opportunities had emerged in electrolysers and higher power cells.

The broker retained its 540p target and ‘buy’ rating following Finegold’s appointment.

proactiveinvestors.co.uk/companies/news/921798/ceres-power-applauded-for-choice-of--tech-savvy--new-chairman-921798.html

Early July is when we expect the Chancellor to reveal the UK economic recovery plan, which includes investment into green tech.

Sold a load of shares, but keeping some skin in the game. Got to profit when the SP has risen too fast.

No. There is no plant for starters, that being said, the stock market is about tomorrow.

Well done. :D

I'm taking profit today, but keeping a little to see what happens.

Hopefully Dev are building towards that hot RNS to help the SP glide up once again. I'm still very optimistic about the long term.

Peter George buying shares, looking to turn this company around. I'm very interested in investing here.

PSmith is conflicted about his decision. Easy to buy, hard to sell. I think he is still trying to come to terms with his decision and is looking for confirmation bias. Does he believe he made the right decision? I don't think he does.

Early July we expect Rishi to announce investment into green tech, part of the economic recovery plan.

You selling Static?

I want to add more, but waiting to see how the SP moves over the next few days and weeks. I'm sure there will be a mini crash - it's AIM, there usually is a big crash followed by a rise.

Reopening in July. :D Should see a SP spike today.

Drop 30%? It is AIM after all.

Perhaps that is the reason for the drop today. It happened on the ITM share. Directors sold and the SP dropped 20%.

You can't compare countries because of population density, for starters. Sweden is now suffering more, their care home deaths are escalating. Infection rates going up. I doubt most of us have had Covid - it's basically nonsense.

The company isn't even Covid focused. They are working on many treatments and tests.

Lots of inexperienced investors here.

Don't see it. Maybe a surge again later this week. CWR has picked up, though.

I trust IC. All their tips have come good in the end for me.

Fool? Don't trust them. They still prop up loser shares.

Investor Chronicle mag.

They are usually very good with their tips. Simon Thompson has put 275 as his target price. He spoke to the company a few weeks ago.