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They're a manufacturing company and only quoted on AIM. They are not an investment company so I'd be very surprised if they do not qualify for IHT exemption under terms of Business Relief.
Unfortunately HL and other brokers and most probably the company itself will not confirm as they don't want to run the risk of any comeback should HMRC decide otherwise when someone actually comes to claim the relief.
https://www.oedigital.com/news/497874-shell-to-build-offshore-wind-powered-green-hydrogen-plant-in-port-of-rotterdam
Probably another missed opportunity.
I'm trying not to get too excited. I think this relates to a different case ("creditors with bonds in default" wouldn't appear to apply to Peterson).
Mind you, if the SP carries on like this BUR will become one of my biggest holdings again.
OK - I know this is being simplistic but for a 1GW factory, work in progress of 75MW should/could be one months work. Or are they operating a three day week?
I guess we have to hope that the contracts backlog starts morphing into work in progress soon (before the next Trading Update).
https://www.investorschronicle.co.uk/news/2022/06/08/newriver-dares-to-grow-again/
Yes, we all want to move as quickly as possible to the green side but will the general public and even many of these "protesters" be singing the same song if/when their electric/gas gets rationed over the winter?
Changing over can't be done overnight - governments should have/should be moving quicker but we are where we are.
And there was me thinking that Saga should be making more of the fact that their cruises do depart on time and without all those delays being experienced by seemingly all other holidaymakers trying to get away for some sun when this in today's Telegraph made the cruising experence seem a lot less appealing.
I guess some/many might be reassured but I wouldn't want to go and have to put up with this:-
https://www.telegraph.co.uk/money/katie-investigates/compulsory-facemasks-daily-covid-tests-walked-10k-saga-cruise/
https://www.edisongroup.com/publication/stronger-balance-sheet-leads-to-big-dividend-hike