Replies to post #24004 on FuelCell Energy Inc (FCEL)

[Maximilliano]

Direct offering means discount to share price.

At share price of $1.47 offering goes off at $1.29 to investment house.

Market reaction to dilution and the lucky will get to buy FCEL at $1.08.

+++++++++

Lot of second hand smoke here....oh, that's my toaster!

[Maximilliano]

POSCO Energy debacle does not bode well.

Korean courts attach KOSPO service revenue when POSCO has not paid any monies to FCEL per contract since 2016.

This will be an uphill battle for FCEL.

"At a meeting with the South Korean government’s Ministry of Trade, Industry and Energy, FuelCell was told it should just give POSCO what it wants."

https://www.amgreatness.com/2020/04/05/an-american-company-under-siege-in-south-korea/

[44centsAKAchoccake]

Check it out! https://seekingalpha.com/article/4336675-state-of-covidminus-19-testing-in-50-states-possible-investment-opportunities-in-3-stocks