Massive rise, then bit of a period of correction, doesn't seem too unusual to me (+ going into winter may have caused a bit of downward pressure) with all the positive news, surely the 'correction' must be running out of steam......
https://www.google.com/amp/s/amp.usatoday.com/amp/6159954001
https://www.theengineer.co.uk/expert-qa-small-modular-reactors/
https://www.proactiveinvestors.co.uk/companies/amp/news/963264
Thanks guys, I appreciate your insights. I suppose if flights keep increasing, ITP sale, some big deals going through also, huge SMR potential, should limit the downside in a correction scenario....
I'd really appreciate your opinions on this guys, if global markets tank at some point, say during the winter months, what kind of hit do you think Rolls Royce would take? (For example, do you think it's possible for the share price to drop well towards £1 with all the positive news out there regarding RR?)
https://www.icao.int/sustainability/Documents/Covid-19/ICAO_coronavirus_Econ_Impact.pdf
Not massive news I suppose, but every little helps!
https://simpleflying.com/lufthansa-boeing-747-400-return/amp/
As far as I know these flights are Trent powered, in which case will benefit RR...
https://simpleflying.com/british-airways-short-haul-widebody/amp/
"One of the beauties of the SMR approach, is it becomes quite a low-cost source of energy for other parts of the decarbonisation scene, such as hydrogen and synthetic fuel," he said. One UK SMR and plant will be able to produce 170 tonnes of H2 or 280 tonnes of net-zero synthetic fuel per day, he added.
Rolls-Royce believes it will also be able to produce synthetic kerosene as a substitute to Jet A fuel "at around about twice the price" of fossil fuel-based kerosene.
"That isn't really that bad and gets us into the territory of being a believable option," he said. "Aviation globally needs 500 million tonnes of Jet A by 2050, so there's a massive industry building up in its own right alongside hydrogen and alongside grid power. The global market by 2040 is more than 500 million tonnes of synth fuel per year."
I'd also be interested to know when these are likely to be installed. Some decent information here, looks like there is a significant need to get these out soon (old nuclear sites are being decommissioned)
https://www.theengineer.co.uk/expert-qa-small-modular-reactors/