RE: Drax Under Scrutiny From Short Sellers Over Debt Structure29 Sep 2023 13:43
Urgh,
I've gone though this entire thread, effix03 you swing more than a penny stock, one moment it's all great the next it's doom and gloom. Why don't you do what you said, it's hit the 400 range, off you trot. If you've not got an investment in this business go and find something else to spend your time on and stop pestering people.
Either way in other good news, it's up 2.6% today which is great, I shorted it on the way down and then bought on the way back up, I'm still hopeful that they'll hit their 750p target which will net me £3 per share.
Also, they've invested £6B in 3 new sites in the US, they've been drafted for track 1 for BECCS and even though the NAO is doing an audit (They also did this 5 years ago and ended up with absolutely nothing) it's not completely bottomed out at 350p a share which was more than possible in the market right now. It touched 400 which was bad enough though.