Back in July Ambrian Partners cited that CFU had signed a further contract with Germany's EWE to supply 10 of it's NetGen solid oxide fuel cell combined heat and power systems and flagged a price target on this news of 40p when sp was at 26 1/4.
Ambrian will be well pleased at the high price today. In their clients eyes job well done!!!
Given the meteoric rise in the past 2 weeks events since July have well overtaken this stock watch back in July.
With being granted patent for fuel cell system components back in October along with the new contracts with Gaz de France even at today's Mcap this is still cheap.
Give or take some profit taking along the way this has "way to go"
DYOR
29palms