It's a little bit sneaky though, can't find any mention of this in the trading update, the shares must have gone to the big boys.
Great if you had sold up around 72, then bought them all back at the lower price, didn't anyone know that they were going to do this.
Unplugged01
You could be right, at the moment I wish I had never got involved with this, trouble is my average here is 192 with 35,000 shares, so I will have to stick it out, unless I take the loss, trouble is if they bring out good news (which they might like last time) this then could go back into the 200s.
One of my biggest mistakes were selling my RR shares, I had 20,000 of those at 70p and sold those at 80p but look at them now 350, done that with quite a few as well.
Personally imo one of the reasons this share and others in this sector keeps going down because the big bluster from governments around the world on climate change and getting another sorce of energy are just starting to realise just how much it is going to cost, and they are weaning off slightly, it's already started with our own government, a couple of years ago these sort of shares were riding very high, not any more.
It is just one thought of why they aren't now doing great.
Not going to be long before we are back to Tuesday's price, the only way you are going to make money on this share is when they go up a lot sell and buy back the day after, because this happens nearly every time.
Not a bad rise today, but once again it has to retrace come the end of close, we will see what tomorrow brings and see if it does it's usual and retrace again, it has a long way to go to get back to what it should be.
Unplugged01
China wouldn't buy this, more likely they would take the knowledge and then set up the business for themselves, you only need to look at the EV car industry over there bigger than tesla now, same with the batteries that go with them.
Director deals do show confidence in the company, but some of the director buys are really small, I would think a lot on here have more shares than some directors.
You would think that they would be buying more shares at these prices, but up to press nothing.
Unplugged01
Yes it could come good in time, but like you say I wouldn't trust China at all.
It was a long time before I got into this share having watched it for above 12 months and then I got in at the wrong time.
I have been in and out of ITM even when they were trading at 500.
Personally I think governments around the west are beginning to think going green is just going to be too expensive for the ordinary person, (which it is imo) so I think this is one of the reasons such as CWR is going out of favour.
If CWR can sign another deal with anyone it should help the share price a lot, but I think the days of 10- 14 pounds a share are long gone.
If I can get out with a small profit I think I will do next time, really speaking I should have got out the Last time when they signed with Delta.