Although I’m completely surprised by todays turn in share price, the market was already aware of when Provaris thought they would be able to commercialise their IP. Todays announcement doesn’t even bind them to that 2025 date, just reiterates what we already knew. I don’t think todays sell off means everyone who has sold are dumb, but more chasing different investments in the mean time.
I would be interested to know though how far back towards the low this share price will retrace.
Ann: Hydrogen Prototype Tank and Production Facility in Norway, page-15
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